aeonflux-3D
  • Home Page
  • About us
    • What we do
    • Aeon FLux cosa facciamo
  • Services
    • Gold Service
  • News
  • Tokens
    • Token Gold Plus ITA
    • Token Gold Plus – EN
    • White Paper Aeon Flux Gold PLUS
    • White Paper Big Taurus CLUB
    • White Paper Aeon Flux Gold 100
  • Contact
  • Client Area
  • en_GBEnglish
    • fr_FRFrench
    • pt_BRPortuguese
    • ru_RURussian
    • zh_CNChinese
    • arArabic
    • es_ESSpanish
  • Home Page
  • About us
    • Aeon FLux cosa facciamo
    • What we do
  • Tokens
    • White Paper Aeon Flux Gold Plus
    • White Paper Aeon Flux Gold 100
    • White Paper Big Taurus CLUB
  • Our services
  • Our clients
  • Contact
Strong Institutional Inflow in Polkadot-A Detailed Report
May 27, 2021
JPMorgan CEO feels threatened by the strong crypto market
May 27, 2021
Show all

Developing Countries are making use of Cryptocurrencies to grow rich

Published by Aeon Flux on May 27, 2021
Categories
  • News
Tags

Cryptocurrencies are entirely decentralized blockchain-based platforms maintained by a peer-to-peer community instead of being governed by the central authority. These digital currencies are most secure because the process of mining verifies them.Being so crucial in the development of countries, cryptocurrencies are growing across the world. In this report, we shall shed light on the Global adoption Index of cryptocurrencies and try to understand why digital currencies are crucial in building a better future.The adoption of digital currencies is growing across the world. Global crypto adoption index is the measure of adoption of cryptos during the time of the survey. Its measurement is intended to know the countries where most people have moved their share of cryptocurrencies. It is measured by calculating the On-Chain cryptocurrency value received, the number of on-chain cryptocurrency deposits, on-chain retail value transferred, and peer-to-peer exchange trade volume. The top six countries in the Global crypto Adoption Index are Ukraine, Russia, Venezuela, China, Kenya, and the United States of America.One important thing that we can analyze from the global crypto adoption index is that cryptocurrency activity is higher in developing countries. An excellent example of this is Venezuela. It represents that cryptocurrencies can be a perfect way to mitigate economic instability. According to the data, cryptocurrencies help Venezuelans preserve their savings because they use cryptos when their fiat currency loses value to inflation.Venezuela was suffering through the worst economic crises with its national currency the previous year. The hyperinflation rates hit nearly 10,000,000%, making the Bolivar, the National currency of Venezuela, practically worthless. Although it used to be the wealthiest country of Latin America, inflation made it the most impoverished country with water shortages and blackouts.Now, it seems practically impossible to recover from such a bad condition. But, the country is recovering by making use of cryptocurrencies.…

Share
0
Aeon Flux
Aeon Flux

Related posts

November 12, 2021

The quest of STABLECOINS — The way of all stable crypto things


Read more
November 12, 2021

Fueled by Latest Inflation Figures, Bitcoin Jumps to a New All-time High


Read more
November 12, 2021

Will Positive Earnings Surprises Continue To Support Markets?


Read more

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Discover opportunity

  • Home Page
  • About us
    • What we do
    • Aeon FLux cosa facciamo
  • Services
    • Gold Service
  • News
  • Tokens
    • Token Gold Plus ITA
    • Token Gold Plus – EN
    • White Paper Aeon Flux Gold PLUS
    • White Paper Big Taurus CLUB
    • White Paper Aeon Flux Gold 100
  • Contact
  • Client Area
  • en_GBEnglish
    • fr_FRFrench
    • pt_BRPortuguese
    • ru_RURussian
    • zh_CNChinese
    • arArabic
    • es_ESSpanish
© 2022 Aeon Flux OU Harju maakond, Tallinn, Lasnamäe linnaosa, Lõõtsa tn 5, 11415- Cn° 16301206 -VAT N° EE102424021 - EMTAK code 46901 - Duns N° 686889151
.
All Rights Reserved.
Powered by IWG Web Agency
Privacy PolicyCookie Policy