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> Most of the world suffers from hyper-inflation at worst and inflation at best. Not everyone lives in the USA/Europe and has access to good banking and investm
by daveed 5y ago
> Most of the world suffers from hyper-inflation at worst and inflation at best. Not everyone lives in the USA/Europe and has access to good banking and investment options.
Real question - you mention earlier to "follow the demand". Is there evidence that demand for crypto is coming from countries with unstable banking?
- inter_netuser 5y agoYes. Page 7 in the document. https://think.ing.com/uploads/reports/IIS_New_Tech_Cryptocurrencies_report_18092019.pdf https://think.ing.com/uploads/reports/IIS_New_Tech_Cryptocur... The more unstable the country, or higher inflation - the higher penetration. I'm surprised people still ask these questions. It this not painfully obvious?
- ac29 5y agoYour referenced figure is an "index of positive attitudes" towards cryptocurrencies, not an actual measure of adoption such as amount held or trading volume.
- inter_netuser 5y agoThe only thing that matters is mindshare and if the opinion is positive or negative. Read the rest of the report. The details you want also exist, but you'll have to pay for that education, only so much you get for free.