Countries with a weak rule of law shouldn't (monetary wise) not be made weaker by using a volatile and highly (let's not deny it..) manipulative asset.
Countries with a weak rule of law shouldn't (monetary wise) not be made weaker by using a volatile and highly (let's not deny it..) manipulative asset.
And that's just bitcoin, stable coins are more reliable.
And of course inflation only robs holders, at least volatility goes in your favour half the time.
I also would not call it an investment: there is no reason to expect prices to rise. Bitcoin does not grow in the way a company can (making shares an investment) or pay interest like a bond. It's at best a speculative asset, like maybe gold?
But isn't stable against itself. People who got in first are infinitely richer than people who would buy it a generation from now.
And that will help them how exactly? There are thousands of chains and coins with total adoption and value of zero
Until they submit to agnostic third party audits, they're not stable.