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Growing inflation around the world is driving more & more people into crypto. The correlation is striking. The more a currency is being devalued, the more likely people are to purchase crypto. This will soon lead to way higher adoption in emerging vs. industrialized countries.

Growing inflation around the world is driving more & more people into crypto. The correlation is striking. The more a currency is being devalued, the more likely people are to purchase crypto. This will soon lead to way higher adoption in emerging vs. industrialized countries.



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11 Comments

  1. Why so little in Norway despite such a high devaluation? This chart doesn’t make much sense.

    Could be some correlational fallacy in there, too. What’s El Salvador’s numbers?

  2. What does it mean when a currency has “devalued 217% against the $”?

    And how is it possible that the £has devalued exactly 0.00% against the $? Is the exchange rate between these two currencies fixed?

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