Mansa Musa I, the famous Sultan of Mali, distributed huge amounts of gold during his trip to Mecca in 1324, which led to significant inflation in the markets, especially in Egypt. This shows how a large increase in financial supplies can negatively impact the economy.
When we talk about the cryptocurrency market, we find that there is a similarity in the problem of inflation. Cryptocurrencies are easily issued and easily acquired, but that does not necessarily mean they have real value or sustainability. In fact, the easier the currency is to obtain, the less valuable it is. This indicates that the ease of access to currencies and their spread among everyone can reduce their value.
In conclusion, the history of Mansa Musa and the cryptocurrency market shows the importance of understanding the negative effects of inflation and loss of value on the economy when there is a large increase in financial supplies without real value or sustainability, and the easier something is to obtain, the less it is worth.