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Author Topic: [2018-03-31] Bitcoin Is Ideal for Countries Adopting a Passive Monetary Policy  (Read 114 times)
BitcoinArsenal (OP)
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March 31, 2018, 12:03:26 PM
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One of Bitcoin’s inherent virtues is being inflation-resistant. This unique feature might be essential to help countries interested in adopting a passive monetary policy.
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Alex077
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April 01, 2018, 10:50:33 AM
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By many factors, bitcoin – is a perfect tool for developing countries, and countries with high inflation. Striking example is Venezuela.
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April 01, 2018, 02:05:33 PM
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One of Bitcoin’s inherent virtues is being inflation-resistant. This unique feature might be essential to help countries interested in adopting a passive monetary policy.
Full article on Bitcoinist
Bitcoin and other crypto currency are very suitable for countries with weak economies. At the same time, the crypto currency must go in parallel with the national money, but do not replace it. In this case, the crypto currency will positively influence the economy of the country, protecting it from inflation. At the same time, it is impossible to substitute national currency with crypto currency, because it can completely disbalance the economy due to its volatile nature.
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