Tuesday 4 October 2022

Turkey inflation between 100-200%, yet no Bitcoin adoption.

We all like Bitcoin because it allows us to opt out of the corrupt system, it protects us from fiat debasement and inflation.

Surely people will realise that Bitcoin is better monetary system once the current one collapses.

Yet in Turkey you can already see the collapse happening. 100-200% inflation (depending on the source) means practically complete breakdown of the economy, but what we dont see is people switching to Bitcoin.

What's missing? If we cant do it in Turkey how will we make it work anywhere else when we eventually need it?



Submitted October 04, 2022 at 09:42PM by UnfinancialAdvisor https://bit.ly/3e93fVR

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