As Turkey’s Lira Plunges, Bitcoin Could Be Its Saving Grace
December 12, 2021 at 20:26 PM EST
Rampant inflation is once again plaguing Turkey’s local currency, the lira, but one saving grace could be its citizens using bitcoin to supplant the plunging fiat currency. The decentralized nature of cryptocurrencies has been able to help stave off the decline of the lira, which hit a new...