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by drexlspivey 1417 days ago
Get out of your bubble. Countries with hyper inflation do not allow you to exchange for another currency obviously.
1 comments

There's something I've been curious about for a long time.

If your country's currency is in a state of hyperinflation and you want to buy crypto to shield yourself from it, who's your counterparty? Who is willing to sell you that crypto and expose themselves to that inflation, and how are they able to do so profitably?

If you want to buy food or a house or anything you need the local currency. There is always some demand