60% interest rate? That’s ridiculous. I don’t believe they don’t have any debt. If they do, which I’m pretty sure yes, how do they possibly pay it off? It’s inevitable, the hyperinflation is clearly comming. If I had lived in Argentina, I would sell all I have in fiat to crypto. I’m in US and I don’t trust US dollar at all. Still have some, but it ends up the same way. It’s like a domino. Starting from Venezuela to other less emerging markets to everyone else. One day, there is going to be crypto panic buying. That’s when I start taking profits, or if it gets really bad, I can as well keep most of it in crypto, because where else can we safely invest our money.
You are viewing a single comment's thread from: