|
|
|
|
|
by humanrebar
1409 days ago
|
|
> as Bitcoin is a world currency it's unlikely would face inflation to the level that the local currency has If Bitcoin drops in value substantially, that has the same effect to retail shoppers as inflation. And with all of the bonkers things to happen in the last decade, seeing Bitcoin drop to a small fraction (like 1/10th) of its current value in the next 2-3 years seems unlikely but not entirely out of the question. And that's a pretty big downside when talking about ones' life savings or even ones' emergency fund. |
|
The major problem with this is that these people have to use systems that’s full of scams and the value of their money is controlled by people in the first world with tons of cash to burn.