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Countries with confirmed double digit inflation, representing more than 1 billion of people – this is why the world needs Bitcoin! Credit: @SDWouters

Countries with confirmed double digit inflation, representing more than 1 billion of people – this is why the world needs Bitcoin! Credit: @SDWouters



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48 Comments

  1. Real inflation is much worse that that. I live in Portugal and their projected inflation rate is of 1.8% when the real value should probably be much closer to 18%

    Diesel, gasoline, electricity, gas, they all have spiked. Metals, cars, houses and groceries in general are up much more than than those values. This is why we need Bitcoin. The more I know, the less I trust governments.

  2. If the inflation rate would still be calculated correctly with a cost of goods index, that whole damn map would light up in red. Imagine how sad that image would be then. Bitcoin fixes this.

  3. The saddest part is those inflation numbers are based on official numbers, in reality these are even worse because of the “manipulation” of those official numbers in favour of the central banks and governments concerned.

  4. Some of these countries I understand, they are corrupt, politicians skim off the top, etc. Some of these countries such as Argentina, I don’t understand. They are democracies correct? Why do they vote for this?

  5. Some large population countries like Egypt & India would probably launch into an immediate riots in the street if prices of staples like bread and rice rose more than 10% – because poverty is very high there it would mean people would start dying from hunger. Due to this, those governments subsidize the price of basic food.

What do you think?

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