Post
Topic
Board Economics
Re: Bitcoin is urgent. Argentina is printing free money too
by
Hardtolife
on 23/04/2019, 14:45:11 UTC
Print more free money can cause of their own currency to reduce its value. We may not notice many of the countries today are doing that especially Venezuela, Bitcoin can be the best solution in this problem because government can't control it and it can be their digital assets.
I agree with you, maybe if more money is printed, it will damage the currency itself and surely the price will go down. maybe it's really a way to save the bank by using bitcin because of bitcoin digital, it doesn't require requirements and has no effect on its own currency. Now there are also many who are drowning in bitcoin and over time, more and more people are exploring bitcoin and there is no longer the term free money printing.