Angola: Fuel Price Hike and the Rise of Cryptocurrencies
Angola is facing a new fuel price increase, worsening the cost of living and impacting key sectors like transport, agriculture, and trade. Inflation threatens to further erode household purchasing power.
In this environment of economic uncertainty, cryptocurrencies are emerging as an alternative to preserve value and enable international transactions without banking intermediaries. The growing interest in Bitcoin and stablecoins reflects the search for financial protection against Kwanza devaluation and inflation.
Binance Square is the perfect space for this debate: can crypto help strengthen financial resilience in Angola?