it seems that "emerging" countries with falling fiat currencies are now a good support for crypto markets:
https://www.zerohedge.com/news/2018-08-28/bitcoin-new-safe-haven-trade
https://www.zerohedge.com/news/2018-08-28/bitcoin-new-safe-haven-trade
"Crypto currencies are attractive to individuals in less developed economies for a few reasons:
Transaction costs are the same as gold. BTC's higher price volatility is offset by gold's higher conversion fees
Liquidity favors BTC
BTC only requires access to the internet
Easier to transport and hide $20,000 of BTC offsets gold's bulkiness"
this applies to Monero as well.
And I would definitely add independence from governments. We can see what they are doing to their people in Venezuela, Turkey, some of the African countries... People have lost value of years of work in just a few days.
That's exactly the reason we are meeting in here
yep. Talk about real value proposition eh?
Jopidopi, we will see how this evolves