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<p>[QUOTE=&quot;HawkeEye, post: 7675618, member: 86305&quot;]All true but still a nit in relation to the whole.&nbsp; I believe a G7 country would have to make that move and it is unlikely since it is all about power and control.&nbsp; I think national digital currencies are more likely with fixed exchange rates and controls that make them more like currencies.</p><p><br /></p><p>Many South and Central American countries teeter on the brink of financial collapse and maybe one of the cryptos offers them a more stable option.&nbsp; El Salvador has a shrinking GDP, moderate interest rates, and a population of only about 6 million.&nbsp; On the other hand, Venezuela might have to endorse cryptos because of their failing currency, shrinking GDP, massive government debt, hyperinflation at 2,940%, and interest rates at 58%.&nbsp; Consumers will migrate to more stable stores of value and in either of these countries any crypto is more stable than their local currency.</p><p><br /></p><p>It will be fun to watch unfold, but I plan to sit this one out.[/QUOTE]</p><p><br /></p>

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