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.
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.
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.