Investors across the world prefer cryptocurrencies such as bitcoin as a hedge against currency devaluation and inflation. Photo: Bloomberg
Indonesia, Brazil lead cryptocurrency ownership globally as currency devaluation, inflation spur adoption, survey shows
- Indonesia and Brazil top global list of 20 markets in cryptocurrency adoption, survey by cryptocurrency exchange Gemini shows
- Respondents in countries that have experienced high currency devaluation were more than five times as likely to buy digital tokens, survey shows
Investors across the world prefer cryptocurrencies such as bitcoin as a hedge against currency devaluation and inflation. Photo: Bloomberg
