It should be an alarming fact for the proponents of fiat based economies that we are increasingly seeing a high number of hyperinflation cases in the last 30 years alone as depicted in the chart below which still does not include a couple of more recent entries like Venezuela & Iran. Majority of the times this hyperinflation was caused by external factors like poor financial management or economic hardships like War & sanctions etc. But we are not here to discuss causes of hyperinflation, rather to see if this could be avoided with the new-found hope in Cryptocurrencies – a…...
Is a National Cryptocurrency the solution to hyperinflation?
3 min read