I always wondered if inflation, in addition to all the bad things it brings to society, has some benefit that could be useful for each of the people who are harmed by this type of case, and the truth is that it seems incredible to me that It comes only to cause anguish and destabilization. Or do you think it has some benefit? Because it seems to me that there is nothing good about this event attacking countries and the worst thing is that it is inevitable, everyone is or will be going through inflation, The only thing I see as good about it is that it forces people to look, for alternatives that could be useful and more profitable when it comes to future stability.
Lately, these second options that I refer to deal with innovation focused on cryptocurrencies. Many businessmen are aware of this and apply it in their respective territories. To give an example, we have Spain, in a news story I read about this country in an article written in Spanish, is highlighted the increase in inflation and the interest that many retail investors have shown in focusing on the area of technology and virtual currencies to cope with what is happening. This is what Laidler, a global markets strategist, comments on, providing his opinion on the situation that Spain is experiencing and the measures that retail investors have been taking, according to him:
Crypto is now the second most popular asset class after stocks for retail investors, with 34% of retail investors owning crypto and making it an asset class dominated solely by retailers. It is easily the best-performing asset of 2024 so far, driven by a fundamental contraction in supply and demand, with strong demand for new Bitcoin spot ETFs, and with just under 30 days left until the halving.
For me it is a strategic decision, because in any case it is expected that at some point what will dominate is this type of asset and the one that will improve the quality of life of many.
SOURSE:
https://es.cointelegraph.com/news/spanish-inflation-increased-and-investor-interest-is-in-the-technology-sectorInflation creates bad times for people. During bad times, people are always willing to work more and are trying to find alternatives, including type of job, type of investment and etc. During inflation it's logical if someone googles how to earn money, accidentally will hear about Bitcoin and then decides to invest in it. So I think that inflation will motivate many people to invest in cryptocurrencies but it's difficult to say whether they'll get financial profit or not because many people start panicking if something goes wrong with bitcoin's price and they sell immediately, they can't hold it. So there is a high chance that many people will invest but will not profit Btw Bitcoin ETFs will be a huge help for many people to have an easy access to Bitcoin investment.