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@ BankSith
2025-05-11 05:32:47
“Interesting working paper from the Bank for International Settlements on stablecoins and Bitcoin:
They conclude that #Bitcoin usage increases as inflation increases, foreign transfers become expensive, and capital controls are tightened.
In other words, when people need it most. h/t Sam Callahan” nostr:npub1r8343wqpra05l3jnc4jud4xz7vlnyeslf7gfsty7ahpf92rhfmpsmqwym8 🧡
https://www.bis.org/publ/work1265.pdf
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#nostr 💜
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