Amps They are attempting to ban people from using cryptocurrency for buying/selling goods.
Let’s see how that goes.
It is such an interesting and critical period we are living in right now, Fiat currencies are being debased at such an unsustainable rate their alleged value will continue to plummet and thus their purchasing power will diminish.
Turkey cannot print their way out this scenario, as we have seen this is already causing hyper inflation. Every time a government has tried to do this it has ended in failure and people have sought out proper money, which is a currency which has a store of value over time, which traditionally has been gold or silver, and more recently cryptocurrencies like Bitcoin.
As I’ve said, let’s see how this pans out. Personally I think this is a global problem and we will see a monumental financial crisis this decade, guaranteed. Just look at the charts regarding base currency printing for any country around the world, it is truly frightening.
