BRAZIL: HIGHEST INFLATION IN 4 YEARS PROPELS BITCOIN VOLUME TO RECORD HIGHS

As a result, the Brazilian Statistics and Geography Institute (IBGE) reports that the cumulated inflation rate for the last 12 months reached 4.58 percent.

Interesting and all to familiar article about the inflation rate in Brazil. I doubt Brazil will have sound money in my lifetime, they just can't get it right. It's almost like it's ingrained in their culture. If I lived there I'd be looking for offshore banking or crypto as a way to save. Sad, I wish the people there the best.....

Read the full story here....
https://bitcoinist.com/brazil-highest-inflation-in-4-years-amid-record-bitcoin-trading-volume/