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RE: LeoThread 2024-12-17 14:54

in LeoFinance9 days ago

Part 2/10:

Privacy coins represent a crucial lifeline for individuals in regions facing economic turmoil. While many of us in developed nations may take financial privacy for granted, the reality is starkly different in places like Egypt, where inflation has surged to an astounding 35% compounded by governmental restrictions on crypto. Citizens of hyperinflation-hit nations like Venezuela and Zimbabwe often find themselves limited by capital controls, preventing them from exchanging their local currency for more stable alternatives. In these circumstances, privacy coins emerge as essential tools for maintaining purchasing power, as they shield users from governmental scrutiny.