You are viewing a single comment's thread from:
RE: FOMO Unbound! Did we just miss the Bitcoin bottom?
People tend to forget that inflation of fiat money increase the price items constantly.
People tend to forget that inflation of fiat money increase the price items constantly.
In my country (Argentina) happens something crazy, sometimes even when Bitcoin goes down, in my local currency it goes up.... And your comment is the exactly explanation.
The point is that if you don't experience in your own shoes what inflation really means, like people in Venezuela, Argentina or countries with high inflation rates, you're not going to understand it until it's happening in your own country.