Inflation is on the rise — here’s how digital assets can protect your purchasing power | Crypto News

Did you know that inflation in the us hit a 39-year high of seven percent in 2021? That means that all your savings lost seven percent of their value within a single year. If inflation continues to rise at this same rate, what you used to be able to buy for a hundred bucks… would be the equivalent of what you could only afford at thirty.

The rising inflation rate is a growing concern for people, a hit to one’s purchasing power — the amount of goods you can buy with a unit of a currency. Today, we’ll be taking a look at how digital assets can help you protect your purchasing power.


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#Crypto #Blockchain #BlockchainTechnology #DigitalAssets #Cryptocurrency #DeFi

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