Hello! 👋🏻 In this post, we will tell you about whether cryptocurrency can save you from inflation.
⌛️ Recently, the issue of protection from the negative effects of inflation for many people has become especially acute.
❗️ Due to the quarantine measures that many countries took short-sightedly, their economies inevitably went into decline, businesses suffered losses, especially small and medium-sized businesses. This naturally led to increased inflation.
🔹 Can cryptocurrencies help their own to cope with inflation?
🔹 One of the features of cryptocurrencies is the limited emission of coins, which means that they are not subject to inflation by their nature.
🔐 For example, the emission of Bitcoin is 21,000,000 BTC. Some of these funds are irretrievably lost and some will be lost in the future.
🏆 This means that the price of BTC will inevitably rise due to the laws of economics.
💵 This rule also works for other coins, whose emission is limited. Since cryptocurrencies are used as a means of payment, they will always be in demand.
📈 In addition, it is enough to pay attention to the price chart of fiat money and cryptocurrencies. Due to the crisis, fiat prices began to fall. Cryptocurrencies, on the other hand, showed rapid growth after a slight correction.
🥇 Token from DSF is limited to emissions of 1,000,000,000. DSF is the industry's first decentralized financial social network, which means that due to crises, the value of tokens will only increase because e-commerce is a trend that has shown rapid growth.
✅ Therefore, cryptocurrencies are an excellent tool for protecting against the negative effects of inflation and for diversifying your portfolio. In addition, during the crisis, they will show growth due to increased demand for them. An example is Venezuela, where cryptocurrencies, without exaggeration, save lives.
📢 Learn more about the DSF project and its benefits on our website:
https://dsft.io
