Bitcoin is the best asset to protect against Brazil’s 13% yearly currency depreciation

Liam ‘Akiba’ Wright

Brazil’s currency loses 12% to 13% of its value each year, according to Cauê Oliveira, the Head of Research and on-chain analyst at BlockTrends Brazil. He warns that without assets earning interest or salary growth exceeding this rate, individuals will become poorer annually. Oliveira’s table compares the annual returns of various assets from 2014 to […]

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Bitcoin is the best asset to protect against Brazil’s 13% yearly currency depreciation