Almost All Countries Affected by Inflation, Opportunity for Bitcoin!

[Taskford]

We know that using and holding Bitcoin is the most convenient and profitable. This Bitcoin is used in every country and just to enjoy the benefits of completing economic transactions. Countries that have not made Bitcoin legal also trade Bitcoin for security. Also USD is best for managing inflation, and what I think Bitcoin does better for inflation. So Bitcoin helps a lot in overcoming the economic rate of inflation in different countries and it solves all the inflationary problems.

Some are true here but Bitcoin can’t guarantee any profit at all because your profit will always depend on your strategy and on how you approach the market. There’s also no proof that Bitcoin solves the problem of inflation because still many are suffering from this despite of adapting Bitcoin. Well, this market serves as an alternative and yeah the risk are high that’s why this can be rewarding too.

They are just overhype on bitcoin then think about that its more faster for them to earn money here if they invest on it. But they didn't even consider the risk that's why they need to realize that bitcoin investment is so risky due to its unpredictable volatility. Many should consider to learn first bitcoin as a whole and don't do any shortcut since most of the time we fail on our investment if we don't know how to come up with scenarios happening in the market.

But if they can learn how to trade with bitcoins for sure their participation on its ecosystem will really be rewarding knowing that how huge the potential of bitcoin since every movement it can get then its a possible profit to get especially when they learn a lot for studying it and get an idea on when to accumulate and when to sell.

[Mate2237]

Bitcoin only solve microeconomic problems which is me, you and anyone who want to invest in Bitcoin. But not every people will interested to invest in Bitcoin, hence it's only micro.

Bitcoin helps macro economy and not only the micro economy. If bitcoin is helping El Salvador economy to reduce inflation then it automatically helps the macro economy level of the country. Then as you said, it helps the micro Economy more for now because the global adoption is still low. Inflation is done by human and it control by the world powers. There are different factors making things to increase in the world. But countries differ.

And the general element that causes inflation is US dollar. In my country the US dollar has a very big influence for the price is of things. Even local products depends on US dollar because when you sell your local products, you will used the money to buy foreign products so they have to sell it higher to match the products.

[jeha2015]

Bitcoin is a panacea to cure all diseases such as eradicating poverty, reducing unemployment, and saving a country's currency...I am waiting to see if people will nominate bitcoin to solve wars and bring peace to the world or not  .

Indeed, there are many causes of inflation, the uncontrolled printing of money by the Government is just a part of the iceberg, many people do not understand and can only blame the government's money printing. Simply put, managing and balancing supply and demand of an economy with billions of people is not easy. It's not as simple as us sitting here and criticizing everything.

Yes that's right. Bitcoin is the right way to overcome any problems if inflation occurs. So to face inflation, of course we need to be financially literate by investing in Bitcoin, where we don't need to work hard for assets, but assets work hard for us.

We must be a smart and intelligent generation to share knowledge with lay people about finance by investing in bitcoin. Don't want to continue to be fooled by an enslaving system into continuing to work hard without knowing that they are being played in the competition of capitalism.

[Fivestar4everMVP]

Bitcoin is a panacea to cure all diseases such as eradicating poverty, reducing unemployment, and saving a country's currency...I am waiting to see if people will nominate bitcoin to solve wars and bring peace to the world or not  .

Indeed, there are many causes of inflation, the uncontrolled printing of money by the Government is just a part of the iceberg, many people do not understand and can only blame the government's money printing. Simply put, managing and balancing supply and demand of an economy with billions of people is not easy. It's not as simple as us sitting here and criticizing everything.

Yes that's right. Bitcoin is the right way to overcome any problems if inflation occurs. So to face inflation, of course we need to be financially literate by investing in Bitcoin, where we don't need to work hard for assets, but assets work hard for us.

We must be a smart and intelligent generation to share knowledge with lay people about finance by investing in bitcoin. Don't want to continue to be fooled by an enslaving system into continuing to work hard without knowing that they are being played in the competition of capitalism.

Well, you both are right, for as things currently stands, bitcoin is the only available and most reliable solution to inflation as long as I am concerned, I know that there are actually some potential or possible solutions or decisions the government can  take to reduce or maybe completely eradicate inflation in their country, but just like LittleBitFunny had said, such solutions or decisions are not or won't be so easy to implement, most especially if not done from the very beginning of the system and maintained along the way, it's almost impossible to implement any of such solution or decision in the middle of an already running system and have it work without negatively impacting the live and we'll being of the citizens of the country involved.

This is exactly what the Nigerian government tried to do In late 2022 and beginning of 2023, where they banned the use of old naira notes and printed new ones, but the new ones they printed was so short in supply and scarcity of naira notes immediately hit the country and this affected a lot of business and cost many their jobs.

Bitcoin to me, is and remain the only possible solution to inflation, this is why we all must not fail to keep our money in bitcoin, and only keep fiat we are ready to spend, for fiat will continue to value and purchasing power, this is not a curse, it's the way fiat has been designed to be from the very beginning.

[doomloop]

to combat inflation simply investing in bitcoin that only if we are not in bearish, many people still think of combating the inflation using gold which honestly quite effective but only works for that not increasing the capital for profit but just keeping the value of wealth stable and not getting eaten by the inflation.
in my opinion, bitcoin is still the best among the best investment out there, the rate of returns if someone is good at analysing the market and making best entry would be tremendous.
its unlike gold that just grows very slowly, bitcoin is growing few fold of its ath in previous bullrun.
thats what I think the main reason why bitcoin is most effective to go against the inflation, because the yield is just better.

The value of Bitcoin indeed tends to be more volatile and it has more potential to give you higher returns in the long term, but when it's about inflation, the value of your money or assets don't need to increase to save you from inflation but it can do just good if your wealth isn't losing value in times of high inflation and gold does that very well. Both Bitcoin and gold have their advantages and disadvantages when we talk about investing and holding them for the long term.

The value of gold usually stays stable and even if it moves, the movements aren't that significant to make someone worried, and it tends to move up and gain value in the long run. On the other hand, Bitcoin tends to be extremely volatile and unpredictable, it might be valued at $30k today and drop to $20k in a week or even in a month which is a downside of holding Bitcoin during high inflation.

[Captain Corporate]

As someone from one of the nations at the top of the list, bitcoin has certainly made my life easier without a doubt. While everyone here got poorer, I was lucky enough to do fine, and that is not a bad thing. I would say its not just about investing into bitcoin, I also work and earn bitcoin as well and I enjoy that, I think its a good thing and should keep being very important for the long term. I understand life is not that simple for most people but for me it is as simple as it gets. I hope that we could keep this going, working for crypto is great, its difficult and hard work but its a profitable and good income business. Investing into bitcoin is also a great feeling for me too, I really like it.

[wxa7115]

As someone from one of the nations at the top of the list, bitcoin has certainly made my life easier without a doubt. While everyone here got poorer, I was lucky enough to do fine, and that is not a bad thing. I would say its not just about investing into bitcoin, I also work and earn bitcoin as well and I enjoy that, I think its a good thing and should keep being very important for the long term. I understand life is not that simple for most people but for me it is as simple as it gets. I hope that we could keep this going, working for crypto is great, its difficult and hard work but its a profitable and good income business. Investing into bitcoin is also a great feeling for me too, I really like it.

And that is what makes bitcoin such a powerful tool, without bitcoin or any store of value people are at complete mercy of the decisions politicians may take regarding the economy.

But once you have safely stored your wealth their actions have less repercussions on your everyday life, and you can be sure politicians hate this and if things get really out of control where you live then all kind of laws and measures could be taken to try to get people to keep using their fiat currency.

[puloweh555]

As someone from one of the nations at the top of the list, bitcoin has certainly made my life easier without a doubt. While everyone here got poorer, I was lucky enough to do fine, and that is not a bad thing. I would say its not just about investing into bitcoin, I also work and earn bitcoin as well and I enjoy that, I think its a good thing and should keep being very important for the long term. I understand life is not that simple for most people but for me it is as simple as it gets. I hope that we could keep this going, working for crypto is great, its difficult and hard work but its a profitable and good income business. Investing into bitcoin is also a great feeling for me too, I really like it.

Inflation certainly cannot be fought because this will definitely happen, especially now that there are many early signs starting from the pandemic, the Ukrainian war and now the war in the Middle East which will definitely have an impact on the world economy. If you are in a situation like this then Bitcoin will be your everything savior. Winning bitcoin will make our lives more comfortable because we need to think about inflation or a downturn in the world economy because bitcoin is a surefire way to avoid it all. Bitcoin is for the future and money is free from any control including the government.

I just follow my heart, because I'm sure there will come a time when all humans will experience difficulties except for people who have bitcoin in their hands. And Alhamdulillah, now I am starting to prepare it all starting from the DCA strategy and from the income from the signature campaign.

[CageMabok]

Yes that's right. Bitcoin is the right way to overcome any problems if inflation occurs. So to face inflation, of course we need to be financially literate by investing in Bitcoin, where we don't need to work hard for assets, but assets work hard for us.

Anyone who can make his assets work hard for him is pretty smart and very lucky, as I imagine it would be for a company owner or shop owner with lots of doors that keep opening. So that he continues to earn income every year without having to work harder and for example the investment you said is actually not wrong to do in inflationary conditions because it can also be relied upon as an effort to fight the inflation that is currently occurring.

We must be a smart and intelligent generation to share knowledge with lay people about finance by investing in bitcoin. Don't want to continue to be fooled by an enslaving system into continuing to work hard without knowing that they are being played in the competition of capitalism.

An intelligent generation is a generation that is beneficial to the living environment of many people, not just to themselves. Because a generation that can work intelligently and can teach other people who are still laypeople to follow in the footsteps of the intelligent generation is something that is quite beneficial for people's lives. Because a generation like that will always be appreciated more by everyone because they can provide assistance through what they have, especially through modern science.