73rd Reason For National Bitcoin Reserve: Emergency Hedge Against Domestic Currency Crashes
1 Articles
1 Articles
73rd Reason For National Bitcoin Reserve: Emergency Hedge Against Domestic Currency Crashes
Countries that maintain Bitcoin reserves gain a powerful emergency buffer against domestic currency crises. Historical episodes like Zimbabwe's hyperinflation (2007-2009), Venezuela's ongoing monetary collapse since 2016, and Turkey's recent currency devaluation demonstrate how rapidly national currencies can lose purchasing power. When such crises occur, nations with Bitcoin holdings could immediately access international markets without waitin…
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