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Amid 55% inflation, fuel and food shortages after years of government mismanagement, Sri Lankans take over the President and Prime Minister's houses, parliament and central bank, forcing the government into resignation. Sri Lanka needs Bitcoin!

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If BTC was a global reserve currency and the world economy wasn't based completely on debt then it's likely Sri Lankan wouldn't have been able to secure loans as easily as it did that it wasted on all kinds of things. When free money is floating around everywhere, actors are quick to invest it so they can make more money. They don't take enough time to make sure it's a good investment because the money is so easy to get. This is what happened with the NFT craze.

If the average Sri Lankan citizen had bitcoin as their savings, they wouldn't have lost 60% in a month. Sure bitcoin does see volatility like that now, but it's not ready to be used as a store of value yet. It still needs to grow. This is all hypothetical talk of a possible future, currently bitcoin wouldn't help them much if at all.


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