#BTCvsMarkets Today, the currency $BTC Bitcoin stands out as one of the financial assets that has raised questions. It continues to challenge economic fluctuations and global inflation, all due to its unique features and characteristics. This is attributed to the limited issuance of the currency to 21 million Bitcoins, which surpasses all traditional currencies that are printed without limits. This policy leads to inflation that has reached 200% in some developing countries, such as Argentina and Nigeria. Bitcoin $BTC has thus become a good means to escape the collapse of local currencies, with some countries adopting it as legal tender, like El Salvador 🇸🇻, which considers it legal tender. However, there are those who impose strict restrictions on its use, such as China and Egypt, due to concerns related to money laundering and financial stability. With decentralized growth, Bitcoin can become part of the infrastructure of traditional financial systems. As institutional adoption increases and liquidity rises, these fluctuations decrease, reinforcing its role as a store of value.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.