Correct, and this is not a theory that we are formulating on our own, this is a historical fact, we have seen this scenario many times in which a government for some reason or another begins to increase the money supply to the point inflation goes out of control.
And things get so bad the only way they see for solving the problem is to keep printing money, but this is only a temporary solution as we know that the more money is printed the more inflation grows, and it gets to the point in which no one wants to hold fiat and some even begin to use barter as a way to exchange among them for goods and services.
I think nothing can solve the poverty issue - the countries which have developed have progressed - those which are left behind will remain behind.
In our country there are so many issues - people are tired and sick of inflation. One thing ends and a new issue is standing with open arms. I see not end to poverty.
Inflation is something that every country do encounter but it do only differs in terms of on fast or slow with those changes which would really giving out that headache into its citizens.When it comes on solving poverty
then this is a global problem which had been tried to be resolved out through ages and yet we dont able to solve it out and now we are claiming about stable coins to solve out poverty?
On what sort or possible way that it could really do such thing? I dont see any relevance on why having this kind of input which we know that it doesnt really have any connections imho.