Inflation is a very problematic financial situation which is often underestimated. Anyone who never had to deal with such a problem can’t fully grasp the consequences. In the case of Venezuela, things continue to grow progressively worse. The country is dealing with an inflation rate of 62.5, which is absolutely […]
Tag: Hyperinflation
Top 6 Short-Lived Fiat Currencies: Hyperinflation Edition
There is a very strong focus on the potential failure of Bitcoin and other cryptocurrencies. As unlikely as that may seem, there are numerous precedents for failed currencies. The following national government-backed currencies, ranked by reversed longevity, have all failed due to hyperinflation issues. 6. Yugoslav 1994 Dinar As the […]
Top 5 Groups of People Who Have Already Been Positively Impacted by Blockchain
The possibilities and ambitions of blockchain are endless and wildly exciting. The emerging tech has huge potential to massively change lives across the globe. However, along with looking into the future, it’s important to keep track of the past and present. It’s often overlooked, but there are already numerous groups […]