4 ms·
Note that places where the local currency is actually collapsing aren't seeing much cryptocurrency adoption. In Argentina people just buy USD. In Zimbabwe peopl
by f00zz 6y ago
Note that places where the local currency is actually collapsing aren't seeing much cryptocurrency adoption. In Argentina people just buy USD. In Zimbabwe people were using equities in the local stock market as hedge against inflation [1].
[1] https://www.bloomberg.com/news/articles/2020-07-06/for-zimbabwe-investors-stock-exchange-closing-is-the-last-straw https://www.bloomberg.com/news/articles/2020-07-06/for-zimba...
- d0gbread 6y agoCompared to what.