Venezuelans Buying Crypto

Venezuala Buys Crypto

From BBC News –

People look at this and might think “big deal”, this will never happen here in the UK. But as soon as the next financial crisis comes it will be accompanied by the biggest boom in crypto that the world has ever seen.

Ultimately fiat money is based on trust, once trust goes you’re left holding a piece of paper, or some digits on your banking app which you can’t withdraw during a run on banks.

Cryptocurrency like Ripple, is based on mathematics and requires zero trust which is why, when trust is lacking, cryptocurrency will always win.