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RE: Crypto: Hope for Venezuela?

in #crypto6 years ago

Dear @achim03

Thank you again for such an amazing comment. Your knowledge is always blowing my mind.

In a case of hyperinflation, you don't want to sell your food for money because the money might loose its value while it is in your pocket.

It seem that people sell for money but right away are trying to spent those money elsewhere.

yours
Piotr

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Hi @crypto.piotr,
You are right and the quicker people spend the money, the faster the inflation will be. It is a vicious cercle...

Best regards,
Achim

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