Re: When gambling has better odds than holding your local currency
So I’m curious, do we have anyone here from such countries, like Venezuela or Argentina? How do you see this possibility? Would you consider gambling an escape from inflation, or does it only make the situation worse in the long run?
Your idea is crazy and delusional friend. , yes hyperinflation is cruel. You might have heard that Venezuela inflation went over 1,600,000% in 2019 before calming down to 190% by 2023. But betting ? It's not a life hack it's literally a deadly trap . People in countries such as Venezuela and Argentina are shifting to blockchain specifically BTC
as a legitimate safeguard to protect their money from the rapid inflation. So yes gambling might look like a fast escape but in the long term? BTC, not wagers, holds a better chance despite the dangers.