We all know that crypto currency market is a risky market. Anything can happen at any time, but Bitcoin is more reliable than other currencies, but still Bitcoin cannot be exempt from risk. It is a fact that where there is gain there is also loss and this should never be ignored. The value of Bitcoin can fall, and often the value of Bitcoin fluctuates. Also, any bad news can cause a sudden drop in the price of Bitcoin.
Can fiat never have hyperinflation? Yes, national currencies are subject to even greater risk than Bitcoin. Look at the foreign exchange market and everything will immediately become clear to you. In my country, the currency has devalued against the dollar by almost 40% since the beginning of the year. And the state purchases almost exclusively imported goods. Consequently, prices have risen sharply and continue to do so.
Also, inflation risks have not gone away, exceeding 15% for the year. Salaries are not indexed. Question. How to survive under such conditions?
It is much easier to use cryptocurrencies than these pieces of paper, which are rapidly depreciating.