The level of inflation is gaining extremely heavy contours in my country and the month of June was the worst month in terms of price increases and the increase in high-cost-living on citizens lives. The price of basic products has soared by more than 30% and the price of fuels has increased by more than 25% which means that social life has worsened during the period in question.

The increase in the standard of living and the increment in the price of basic products caused a general malaise in the community and forced the government to sit down to analyze the situation in an extraordinary meeting to define new salaries and, who knows, try to solve problems caused by this exuberant increase in prices of essential products for human living. As a result, there was an increase in the salary of civil servants by more than 100%, but the level of inflation has risen and the government can't do nothing to prevent it!

Why!

The military situation in Ukraine, in which Russia is the main responsible for the invasion and consequent war, has led to the galloping increase in basic necessities as well as fuels, which are the biggest products that most underdeveloped countries import, and mine in particular, causing base prices to rise.

As a country that mainly imports, my country faces serious problems caused by the embargo imposed on Russia by the United States of America, leading to an inevitable rise in prices, causing general discomfort and the consequent suffering of the most needy, because when prices rise the salary value maintains or suffers inflation and who is most affected is the peaceful citizen.

This increase in prices for basic products as well as fuel, had devastating consequences in the field of public and private transport, leading to a public demonstration in which the entire fleet stopped demanding a subsidy from the government to continue operating and combat the increase in international fuel price. The country literally stopped for a day, and the government had to step in and offer the subsidy to make the transport work.

The question that remains to be asked, until when ? How long will the government support the subsidy because the price of fuel continues to rise and there will come a phase that will be unsustainable and on that day, I'm sure a lot will go sour !

Solution, bet more and more on Bitcoin Cash

The world is full of uncertainties in economic terms, the world faces endless wars, malnutrition, hunger and several other problems that make it an unknown for these times.

The prices of basic necessities will continue to rise because the main war ravaging the world, which is the one in Ukraine carried out by Russia, makes life expensive. The countries involved in the crisis are one of the biggest exporters of grain, iron, oil, gas and other products that are indispensable for human life. With the crisis, the shipment of products is restricted due to the embargo making life more expensive in underdeveloped countries that are the biggest beneficiaries causing a collapse in several economies in the world.

Prices go up, life gets more expensive, suffering gets worse and uncertainty hangs in the air about what will happen in the future and this is where Bitcoin Cash can be a smart and viable solution.

Bitcoin Cash is an anti-inflationary currency which means that unlike fiat money that loses value over time, it gains value. For example, money held in a bank vault for years compared to Bitcoin Cash held in a wallet for the same period of time, what was in the bank gathering dust and losing purchase value is won by the one that was left in the wallet in terms of purchase weight, because it still manages to acquire considerable consumer goods in the present.

Bitcoin Cash is currently preferred by merchants , when accepting Bitcoin Cash, they save on commissions required by banking entities such as credit card fees and others, safeguarding more profits and dividends as well as improving the payment portfolio. Another thing, they keep the value in Bitcoin Cash in their custody and can use it anytime and pay extremely low transaction costs wherever they do it.

The smart money form of sound money for the world is the best way to fight controversial periods in which the economy and economic power is at stake just by loading the seed phrase and being able to access the value at the place of arrival. Bitcoin Cash allows each person who owns and can keep it to be able to use it anywhere in the world without needing authorization from anyone, just having access to the private key, making it a highly favorable currency in times of crisis and also for combat monetary inflation.

Summary,

Bitcoin Cash is extremely important in cases of financial uncertainties where the economy goes into setback caused by various reasons such as wars, problems caused by violent weather (natural disasters) epidemics etc. the part that has internet, just knowing the private key that gives access to the stored digital money.

Uncertainty continues, governments will continue to fail, government executives will be left with no solution but to leave their positions due to popular pressure, for example, all caused by the lack of an intelligent solution in which they can fight price increases and inflation, which makes the population life.

It is necessary to conserve Bitcoin Cash so that daily and future use is a reality. The increase in merchants all over the world is a clear sign that they are recognizing and protecting the business from a possible lack of fiat money solution to combat the high cost of living and inflation prevailing in many parts of the world.

I believe it is the best time to have Bitcoin Cash and use it to combat the high-cost-of-living and also save it for future use, after all, patients are the best rewarded in the future.

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