And that's one of the reasons why there's so much investors running away from the traditional economy and moving to a more stable currency emissions, like cryptocurrencies. Since the name most associated with cryptos is still Bitcoin, that one gets the most speculated while the lower ones remain closer with the perceived value to their actual value.
It looks quite contradictory to say that cryptos are the most stable when their value floats by huge margins. But it makes sense when changing the perspective from looking at cryptos in the outside from traditional economy landscape to look at the traditional economic landscape from the cryptos perspective.
Like I am in a boat over a very wavy ocean looking at an island. The waves are making the island move up and down while my boat stands still. Or is it the other way around?
Policies that cause localized explosive inflation makes people run away from that currency towards the US Dollar But when such explosive inflation policies are everywhere there's nowhere to run except for gold or crypto in which the later still not overwhelmingly accepted.
In the long term this can pose a great opportunity to our own Hive Cryptosystem.
If you have a spare vote...