Quote from: Distinctin on March 27, 2025, 10:41:10 PM

I just want to gauge everyone's knowledge here (please don’t do too much research).
I would like to hear your thoughts based on your existing knowledge and intuition.

How do you think Bitcoin can help countries experiencing hyperinflation such as Venezuela, Zimbabwe, and more recently, Sudan and Lebanon?

We (bitcoin enthusiast) often preach that investing in Bitcoin is a hedge against inflation.
If inflation is the main problem in these countries, how do you think Bitcoin could help solve their economic crisis?

It seems like a total game changer for people in places where inflation's just insane. I can totally picture myself using it to protect my savings, sticking my money in bitcoin instead of watching the value of my local cash drop like a rock every single day. I also love that I can send money to family abroad without jumping through hoops especially if my country's got tight rules on foreign cash. And honestly the fact that it's not tied to some shaky government or bank makes me feel way more in charge of my own finances. Sure, it's not perfect, I worry about stuff like bad internet where I'm at or the government cracking down and those wild price swings can stress me out. But even with all that, I feel like Bitcoin's a solid backup for someone like me who just wants a way to keep their hard earned money safe when things get rough.

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