Inflation is fucking over people’s lives and they don’t even know it. Crypto helps fight / solve it.
7% inflation rate in 2021 (USA).
That means if you had $100,000 in your bank, you’ve lost $7,000!
Countries like the US are still lucky with “just” 7%.
For example turkey had an inflation rate of 40%! People lost almost half of their money!
Other countries like Venezuela have also suffered the same destruction.
Governments and Central organizations printing money at an extreme rate makes your money worth less day by day.
That’s where crypto comes in, decentralization is key and also Bitcoin is great for just having 21 million of it ever.
And in other decentralized crypto someone can’t just “print” out $1b.
If you are in a country that’s suffering with extreme inflation, investing is gonna help a lot.
Don’t just invest in crypto, but also invest in other traditional markets to keep your money as safe as possible!
submitted by /u/SoonMoonn
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