Why Fiats Are Failing in 2020

Publicado en by Coindesk | Publicado en

Oct 23, 2020 at 19:00 UTC.From Brazil to Argentina to Turkey, bitcoin priced in local currencies is reaching all time highs.

Is this a story of bitcoin succeeding, fiat failing or both?

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In this episode, NLW looks at a raft of geographies in which bitcoin has recently reached all-time highs, priced in the local currency.

The story, he says, is about fiats floundering more than mispriced local bitcoin.

Special focus on economic happenings in Brazil, Argentina and Turkey.

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