Ultimate Satoshi on Nostr: 136. Bitcoin and Financial Freedom In economies in crisis, such as Venezuela or ...
136. Bitcoin and Financial Freedom
In economies in crisis, such as Venezuela or Argentina, where hyperinflation rapidly devalues local currency, Bitcoin is often used to protect savings.
Citizens turn to Bitcoin as a store of value, as it offers an alternative to fiat currencies which lose purchasing power on a daily basis.
For example, many Venezuelans exchange their bolivar for Bitcoin to buy essential goods or transfer value abroad.
#bitcoin #btc
#nostr #zap #zapathon #studybitcoin
In economies in crisis, such as Venezuela or Argentina, where hyperinflation rapidly devalues local currency, Bitcoin is often used to protect savings.
Citizens turn to Bitcoin as a store of value, as it offers an alternative to fiat currencies which lose purchasing power on a daily basis.
For example, many Venezuelans exchange their bolivar for Bitcoin to buy essential goods or transfer value abroad.
#bitcoin #btc
#nostr #zap #zapathon #studybitcoin