Bitcoin Adoption Growing in Brazil Despite Poor Perception, Real Inflation Rate Hits 9.6%

Bitcoin Adoption Growing in Brazil Despite Poor Perception, Real Inflation Rate Hits 9.6%

Is the high inflation rate of 9.6 percent the reason people are turning to Bitcoin in Brazil? The simple answer is no. Recent statistics and infographics published by global bitcoin payment processor BitPay revealed that the volume of bitcoin transactions in Latin America has increased by 120 percent, and almost doubled in quarterly transactions. Many....


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