Bitcoins golden future due to the relation with unsteady financial systems worldwide

Very interesting article as many countries have unsteady financial systems. What to think of all the countries with high inflation.

A lot of countries will follow. How do you think about this matter?

I've looked up which countries had a high inflation over 2016 (10%+) and a lot of these countries have a high population and access to internet in general. Crypto adoption will only increasy.

For example: Venezuela alone has a population of approx 32mill.

Here's the chart:

source Statista

When I began to teach in 2012, I decided to start my course with an analysis of how money affects social order. What my students found particularly fascinating was the then-nascent world of cryptocurrencies, which I described at length as a crucial feature in the future of money.

Some colleagues criticized my approach. They accused me of indirectly encouraging students to invest in what they saw as a shady, crime-ridden financial underworld. But I was simply exposing young minds to a fast-evolving, complex phenomenon that in my view would have a major impact on power distribution in the global economy.

Behind most cryptocurrencies is a simple technology known as “blockchain”, a system residing in multiple computers that allows for peer-to-peer financial ledger recording of all transactions occurring in a network.

Read more here: https://qz.com/1021155/bitcoin-is-being-taken-up-in-zimbabwe-nigeria-south-africa-and-venezuela-among-developing-countries/