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RE: Why Africa need cryptocurrency ( my opinion )
It seems cash just isn't working in some countries and this will affect the less well off the most. Their hard earned money will be worthless. I expect the rich have their money somewhere safe in $/£/€. Crypto seems a good option as long as people have the technology to use it.
totally true @steevc , rich people usually not harmed by inflation simply because what you said , they hold their money in $/£/€
average person pay indirectly to gov part of his money value every time gov print fiat money