Inflation is simply additional tax on poor people who keep cash or fiat in their bank account. Countries just print a massive amounts of money to pay their bills. This increases the amount of money in circulation which means each unit of currency loses its value. It doesn't happen by accident, it is a deliberate action by leaders who have promised more than they can afford. I should point out, all countries print some amount of money. Some more some less. It is generally agreed that an inflation rate between 2-3% is ideal to stimulate economic growth. This pandemic made each country to print a massive amount of money, no matter where you live, your country is giving you the COVID-19 bill in a form of inflation that will happen pretty soon. Opting out with Gold or Bitcoin is something to consider.

I'm a massive believer in Bitcoin, especially in poor countries where the governments keep printing money and indirectly create a second tax on all of their residents. In ten years time, I'm sure we'll see so much use in third world countries across the globe, not just in Latin America. Will keep you posted, if you have any question, ask in the comments, please.

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