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Not surprising they say that since many Indians are taking interest in cryptocurrencies due to the Indian central bank being unable to control inflation. It was
by anonymous5133 9y ago
Not surprising they say that since many Indians are taking interest in cryptocurrencies due to the Indian central bank being unable to control inflation. It was at 10% just a few years ago! Also it isn't like something that has the potential of ever going up by any significant amount. Every year it drops 3-10%. Who wants to hold on to that to save their money? No wonder the Indians have so much interest in crypto. I don't blame them. Their government has failed them. At least with crypto it has the potential to go up.
- wmf 9y agoCool story. Have Indians heard of investments?
- trophycase 9y agoFeed the capitalist machine or lose all your money. Great.
- halamadrid 9y agoOr crash down to nothing and lose it all in a hack. By the way can you please cite sources for your stats around inflation? Last I read a Bloomberg article quoted Indian economy to be no. 3 behind China and US by 2030.