For many people starting out in the world of cryptocurrencies, extreme price volatility is their biggest concern. After all, some investors have seen a quarter of their Bitcoin stash wiped out within a single day during previous market fluctuations. However, for people in the developing world, national currencies are often even more volatile, with devastating effects. Zimbabwe is one example of a country still struggling to recover ten years on from its peak of hyperinflation. Now, people there are turning to cryptocurrencies as a safer and more reliable means of transacting. The effects of inflation Inflation means that the value…
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