It's not so bad: cryptocurrency may be more stable than Fiat

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2018-09-05 19:45:05

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It's not so bad: cryptocurrency may be more stable than Fiat Source:

Against the background of global changes in the world economy, developing countries in South America, Africa and Eastern Europe are faced with the economic crisis. Massive inflation of national currencies raises questions about the reliability and stability of the Fiat.

According to research by Pension Partners, some currency managed to lose more value than Bitcoin in 2018. About it writes .

the

Bitcoin beats Fiat

Analysts at Pension Partners said that the main cryptocurrency more stable Venezuelan Bolivar Sudanese pound and the Argentine peso. All three currencies have depreciated 99.99, 61,61 and 50.5 percent, respectively. It can be argued that the economic condition of these countries is not the best in the world, but locals still prefer cryptocurrency.

Among the investments in the top altcoins worst choice this year was Qtum (-91 percent). The most profitable coin was (only 15 percent).

This trend may continue in the future. World debt has grown to 247 trillion dollars, and the precarious prosperity now depends on stability of the dollar. Any negative spike immediately reflected in the emerging markets and countries. But Bitcoin, on the contrary, «haven» during the next financial crisis.

Do you Believe in such prospects? Please share your comments .

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