Ultimate Satoshi on Nostr: 58. Bitcoin and Economic Crises: A Refuge for Assets In countries in crisis, such as ...
58. Bitcoin and Economic Crises: A Refuge for Assets
In countries in crisis, such as Venezuela, where hyperinflation has devalued the national currency, residents are turning to Bitcoin to protect their savings.
For example, many Venezuelans are using Bitcoin to buy essential goods, bypassing the economic restrictions imposed by their government.
This shows how Bitcoin can act as a financial refuge in times of instability.
bullishbounty #bitcoin #btc
#nostr #zap #zapathon #studybitcoin
In countries in crisis, such as Venezuela, where hyperinflation has devalued the national currency, residents are turning to Bitcoin to protect their savings.
For example, many Venezuelans are using Bitcoin to buy essential goods, bypassing the economic restrictions imposed by their government.
This shows how Bitcoin can act as a financial refuge in times of instability.
bullishbounty #bitcoin #btc
#nostr #zap #zapathon #studybitcoin