RE: NEWS-Cash is useless in Venezuela thanks to hyperinflation — so people are turning to bitcoin

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NEWS-Cash is useless in Venezuela thanks to hyperinflation — so people are turning to bitcoin

in bitcoin •  7 years ago 

I wrote a blog post about this just yesterday showing that cryptocurrencies can retain local people's purchasing power during a fiat collapse.

It's great to see that others are spreading the word as well.

https://steemit.com/cryptocurrency/@thoughtsoncrypto/why-i-believe-established-cryptocurrencies-provide-a-strong-safety-net-during-fiat-collapse

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