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RE: Bitcoin Trading Volumes in Venezuela Reach Record Highs amid Hyperinflation

in #dlike6 years ago

When the fiat goes into hyperinflation, people will use anything as a currency.  I am not surprised one bit that bitcoin is taking off there.

 

It is a currency they can use immediately without having to worry about the inflation rate.

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i agree 

 

historically money printing on the promise of the future production is counter to the workings of a free market and never ends well.