$BTC According to Foresight News, a recent working paper from the Bank for International Settlements (BIS) emphasizes that high inflation and the cost of remittances are significant factors driving users to adopt cryptocurrencies like Bitcoin. The report indicates that these economic challenges are prompting individuals to seek alternative financial solutions, with digital currencies offering potential benefits in terms of cost efficiency and resilience to inflation. BIS's analysis provides insights into the growing interest in cryptocurrencies amid global economic pressures.