In theory someone in a country where their currency value is dropping goes and buys some cryptocurrency and stabilizes the value they own.
But crypto currency isn't some stable value right? Wouldn't the result be that that person who is already in a bad situation now has put their eggs in a sort of cryptocurrency speculation market?
Let alone all the security / liquidity questions.
Is that something vulnerable folks really need / should do?
But crypto currency isn't some stable value right? Wouldn't the result be that that person who is already in a bad situation now has put their eggs in a sort of cryptocurrency speculation market?
Let alone all the security / liquidity questions.
Is that something vulnerable folks really need / should do?