Quote from: crwth on May 22, 2021, 04:28:46 PM

Quote from: carter34 on May 22, 2021, 04:19:37 PM

Even putting money into bitcoin won't solve the situation because you are part of the country or system and when you make withdrawal of the coins or converted form, you still use it to buy in an inflated system, the worth of what you are getting will be lower if it was not inflation. Inflation is a big challenge to every economy.

Are you sure about what you are talking about? Yeah, it is like that but no matter what the situation is, it's always going to be better for your capital to have more in USD or in BTC. The way that you can not be affected by the inflation of USD is by not letting your money stay in USD. In that way, you lessen the effects. Taking advantage of the current volatility of your assets as well.

You have to realise that volatility is in two ways, either for bullish or for bearish. When you hodl or invest at wrong time, your investment drops and may worth less even when converted to fiat. Except you have to change into stable coin to retain its value. Inflation affect the crypto except if the bull season resume.