RE: How Can Cryptocurrency help change the money system in a developing country - Open Discussion

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How Can Cryptocurrency help change the money system in a developing country - Open Discussion

in steemit •  8 years ago 

I think cryptocurrencies will have an big impact on the problems of inflation in developing countries. They will be a great protection from a high rate of inflation in these countries. Inflation happens when there is a rising supply
and a falling demand only. Next to other great parts of it like less fees, better availability hence accessibility and more :)

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i compleatly agree. With a set supply we can avoid inflation. Governments wont be able to just PRINT money.