Community discusses why inflation isn't pushing more people to crypto
Cointelegraph
Published Oct 14, 2022 06:30AM ET
Updated Oct 15, 2022 08:20AM ET
While some anticipate that more people will naturally get into crypto due to inflation, the reality is far from some community members’ expectations. A discussion in the r/cryptocurrency subreddit highlighted this topic and explored why higher inflation is not pushing more people into the crypto space.
According to a Reddit user, events like the United States Federal Reserve printing more money and the government spending more and more funds have led them to get into crypto as one of its functions is to be a hedge against inflation. The Redditor posted that they expected more people to do the same in the subreddit. However, the community member is now puzzled as to why this is not the case.
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Written By: Cointelegraph
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