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Cryptocurrency discussions / Re: How does inflation affect crypto?
« on: October 03, 2022, 12:07:08 AM »I also used to think that inflation does not affect cryptocurrency, but over time I realized that, in principle, cryptocurrency is to some extent an analogue of those fiat money that are subject to inflation.
It actually does, you know what inflation causes is a drastic decline in purchasing power of the populace, thus those with cryptocurrency investment will want to liquidate their holdings in order to cuisine the effects of inflation.