How Turkish people are handling inflation. (Bitcoin is mentioned.) Interesting insight into a country with 60% annual inflation. #Turkish #people #handling #inflation #Bitcoin #mentioned #Interesting #insight #country #annual #inflation
How Turkish individuals are managing inflation. (Bitcoin is described.) Attention-grabbing insight into a place with 60% annual inflation.
Comments (3)
He makes a valid point saying that USA/Europe do not have an option to switch to another currency in times of hyperinflation, while countries with weak currencies do. So ‘sadly’, one needs to prepare instead of react.
For those that can’t easily purchase real estate, the vast majority, metals and bitcoin are the only option.
Most people take the volatility of bitcoin as a negative while it’s actually a big positive. It allows for extreme growth over time. Exactly how bottom up currencies are supposed to work.
I hate how this guy does a lot of fear mongering.. He teaches a lot of good scary stuff,.. but he’s not a BTC bull & .. seems like u need to buy his program to get any actual solutions.
same thing is happening in the US…….everyone is hoarding bitcoin and spending the dollars