📢“Dobbiamo educare i governi sul fatto che bitcoin è bitcoin e tutto il resto è qualcos'altro. Tutti loro, ad eccezione del bitcoin, sono titoli”, Samson Moe.

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📢“We need to educate governments that bitcoin is bitcoin and everything else is something else. All of them, except for bitcoin, are securities,” Samson Moe.

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Understanding Hyperinflation Hyperinflation is an economic phenomenon where prices skyrocket uncontrollably, with inflation rates exceeding 50% per month. This contrasts sharply with the modest 2% annual inflation rate most economies aim for. Hyperinflation can decimate the value of fiat currencies, rendering them virtually worthless. In such scenarios, cryptocurrencies like Bitcoin can serve as a safe-haven asset, protecting your wealth from the ravages of hyperinflation. For instance, during Venezuela's hyperinflation crisis, the value of the Bolivar plummeted while Bitcoin's value soared. Venezuelans who invested in Bitcoin saw their wealth preserved, while those who held onto Bolivars saw their savings evaporate. The importance of crypto in hyperinflationary environments lies in its decentralized, limited supply, and immutable nature, making it an attractive alternative to fiat currencies. By diversifying your portfolio with cryptocurrencies, you can shield your wealth from the devastating effects of hyperinflation and ensure financial stability in uncertain economic times.

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What determines the price of cryptocurrencies? “What determines Bitcoin’s price, and what gives it its value?” is a top three question newcomers ask when learning about crypto. Depending on who you talk to, answers to this question vary from “Bitcoin is a new digital form of gold of the 21st century” to “Bitcoin is backed by nothing and will crash to zero.” In reality, the value of cryptocurrencies—much like any other asset, good, or service—depends on the dynamics of supply and demand. The higher the demand for a certain microwave, the higher its price will be. If few people go to a beauty salon or barber shop, the prices for a haircut will be lower. We’ve written an article explaining in an easy-to-understand way what determines the price of cryptocurrencies.#Binance200M $SOL

The future of money ! $BTC

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