Currency Debasement Is Real – But Is Crypto (or NFTs) the Answer?
Inflation isn’t just a number it’s a slow erosion of your purchasing power.
While the U.S., UK, and Nigeria battle rising consumer prices, a louder question is emerging in crypto circles:
“If fiat currencies are crumbling… do you own enough crypto or NFTs?”
According to top investors, macro analysts, and even a few die-hard Web3 evangelists the time to diversify out of traditional money is now.
What’s “Currency Debasement” Anyway?
Currency debasement happens when a country prints too much money or loses the public’s trust in its fiat system. The result?
- Lower purchasing power
- Higher prices on everything
- Increased risk of economic instability
It’s not just a Zimbabwe or Venezuela issue. It’s happening in slow motion across developed economies.
Think: rising debt, central bank balance sheets, and inflation beyond target bands.
Why Crypto Is Back in the Hedge Spotlight
Bitcoin, Ethereum, and stablecoin ecosystems have re-entered the inflation debate.
Reasons investors are moving into crypto:
- Hard caps like BTC’s 21 million limit
- Borderless mobility (for citizens in unstable countries)
- DeFi access to yield outside central bank policy
- Tokenization of real-world assets as on-chain stores of value
Even NFTs, once mocked as JPEG fads, are finding utility as digital certificates of ownership and hedges against fiat volatility.
Financial Juggernut Insight
This isn’t just about price speculation it’s about systemic survival.
If you’re in Nigeria, the UK, or the US and feel your salary buys less each year, this isn’t paranoia, it’s policy.
So what can you do?
Own exposure to Bitcoin/Ethereum
Explore stablecoins for short-term protection
Consider NFTs with real-world or IP utility
Keep learning the fiat exit doors won’t stay open forever