Crypto vs Fiat Inflation: The Differences and Where to Invest
While cryptocurrency is floated as a fail safe for floundering economies, when faced with economic instability, blockchain evangelists are often quick to prescribe Bitcoin as a means of alleviating hyperinflation by being more stable than the local currency. But which is best suited for the task? Bitcoin or altcoins? According to data from blockchain research unit Diar, no cryptocurrency wields the power to pull nations out of inflation. Indeed, most coins, even established ones like DASH and Litecoin, suffer from volatility due to arbitrary supply inflation or massive degradation in purchasing power. This means that nearly all cryptocurrencies are fighting…