102. Bitcoin and Inflation Protection

In countries where inflation is a real scourge, Bitcoin offers protection to preserve the value of assets.

Take Venezuela, for example, where the bolivar has lost almost all its value in just a few years.

Many Venezuelans have turned to Bitcoin to escape the collapse of their national currency, using the cryptocurrency to store value and carry out transactions outside government control.

#fiat #inflation #bitcoin #btc

#nostr #zap #zapathon #studybitcoin

Reply to this note

Please Login to reply.

Discussion

No replies yet.