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Countries with the Highest Inflation Rates
Cases such as Cuba, Venezuela, Ukraine, Zimbabwe, Lebanon, among others, top the lists of countries with the highest inflation rates worldwide (see [Steve Hanke's list](https://twitter.com/steve_hanke), economic analyst). In these places the citizens themselves use alternatives to the official market rates and international companies and banks, the informal market or free market is growing, which not only operates with fiat money but also incorporates Bitcoin and other cryptocurrencies as a store of value. However, the methods used to make person-to-person (P2P) exchanges lack the technological infrastructure to make the process fast and more importantly: free of scams.
Facebook, Telegram and Whatsapp communities, while offering a connection point between exiles sending remittances to their home countries and the agents who receive them and send the money in local currency to the beneficiaries. They also provide space for fraudsters who take advantage of these people's need.
- Yaddiel 4y ago
- Ferb_Cuba 4y ago
- elreo 4y agoThe p2p is necessary, and also an excellent option
- miguelgonzalez 4y agoThe p2p networks are a salvation for the cuban freelancers.
- earlyhp 4y agoSiempre es bueno realizar el p2p para poder beneficiar a los amigos de los países, en los cuales la inflación es tremenda, pero siempre hay que tener cuidado con los estafadores que andan por ahí .
- mellomel01 4y ago
- nidiaha70 4y agoP2p es una via para palear la crisis
- oniel91 4y agoP2P es una buena oportunidad para todos, siempre y cuando se utilice con seguridad
- ylanda81 4y ago
- elGabo 4y agoThe P2P tool became an excellent opportunity for those who found it difficult to exchange currencies to crypto and with low costs. For me it is a very positive thing. Thanks guys