3 ms·
The Monetary Gates Are Open – Lyn Alden
- janandonly 3y ago> On the Chainalysis crypto adoption index, 16 of the top 20 countries ranked by crypto adoption are classified as developing countries. > In developed markets, people often view bitcoin and stablecoins as a solution in search of a problem, but that’s because our money problems have historically been subtle most of the time. For people in developing countries, their money problems tend to be more obvious, with either high inflation, high financial authoritarianism, or both. The sweet spot for crypto adoption is countries that have some significant tech savvy population centers, and that also deal with bad local money.