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1040 sats \ 0 replies \ @danieltapa 15 Sep 2023 \ on: Why hyperinflation may not speed up hyperbitcoinisation bitcoin
i absolute agree with
but let's picture hyperinflation starting to happen - not in a small, economically isolated country - but in a country that is more intertwined in the global markets, that has a currency used in international affairs... maybe Argentina or Japan, the extreme example would be the dollar itself (like Balaji is predicting)
in that case, there will be people in the same situation, struggling to 'fight or flight', but the impacts of hyperinflation will be perceived all around the world in international affairs, and there will be a lot of people in a better situation to make the 'move' to harder assets..