Miserable Economies looking to Bitcoin

According to the Bloomberg Misery Index, which combines countries’ 2017 inflation and unemployment outlooks, Venezuela takes top place by a long shot for the third year in a row, followed by South Africa. Recent political instability in South Africa pushed them into second place.

 

Interesting to note that many of these countries listed below are showing high traded Bitcoin volume and adoption. Bitcoin is a natural hedge for failing local Fiat currencies.

 

Where does your country fit in… unless you are fortunate enough that your country did make this list.

 

 

What does it take to be declared the Most Miserable?

 

Related articles:-

Bitcoin adoption in Venezuela

South African Debt Downgrade to Junk – Flight to Bitcoin?

These Economies Are Getting More Miserable This Year

How do the South African Rand, Venezuelan Bolívar and British Pound match up to Bitcoin?

 

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This e-book on Amazon explains what Bitcoin is, it explains that Bitcoin (BTC) is a virtual currency, digital not physical, and independent of banks. Useful links and resources for the newbie and advanced Bitcoiner or cryptocurrency enthusiast.

 

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