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RE: Daily Crypto Markets Live Blog: More Than Half of Latin Americans Paid With Crypto (06/22/22)

in LeoFinance2 years ago

I see it makes a lot of sense in places like Venezuela, which had the perfect scenario for that because of the crisis. With inflation, a shortage of local cash, and a devalued currency that continues to devalue every day. Those who do not have access to dollars or euros seek refuge in cryptocurrencies and stablecoins represent a great alternative to try to circumvent the crisis.
However, in developed economies, I see it as more difficult because what is the incentive that the common citizen can have to use them daily.

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