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0 sats \ 4 replies \ @tenderscore 16 Sep 2023 \ on: The Domino Effect: Failing Fiat Currencies and Bitcoin as the only Solution bitcoin
What would say to people that suggest the poor, especially in the places you mentioned, don't have money to save? The money they earn is spent very quickly.
Or that in relative terms to currencies, the USD is strengthening, not weakening, this tracked via the DXY.
₿ is the light
Stack Humbly
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No money to save, a good point to raise; but they need currency to transact, to live, to exist! Bitcoin fixes that
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They already have currency, even the dollar in 4/5 nations you mentioned, and spend it quickly. 4/5 have also defaulted on their debt multiple times in the last 80 years. Why can't they do it again?
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Well the $ in lebanon and turkey is only circulating with the “chosen ones”
Not talking poor vs rich
I am talking accessibility to the black market conversion scamming shops
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