The economic downturn in Iran makes way for crypto adoption

Invezz

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Iran is ripe for Bitcoin adoption, as the leading cryptocurrency is becoming increasingly relevant due to the US sanctions and the consequences of the COVID-19 pandemic. So much so, in fact, that even the elderly citizens of the country are losing confidence in the nation’s fiat currency, the rial, and are looking for an alternative. Iran is becoming more and more open to the idea of crypto Bitcoin’s decentralization and independence from government control makes it an ideal option for those who wish to both, earn, as well as keep the value of their existing funds. One of the country’s

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