observes 42% traffic increase as Lira continues it’s decent



As Lira, the currency of Turkey continues to decent, observes an influx of Turkish visitors. An observation at large suggests that investors are inclining towards Crypto and the potential it holds against toppling fiat currencies like the Lira.

On Monday, Twitter user @CobraBitcoin observed the flood of Turkish users by a humongous 42%. This influx comes amidst a rapidly descending Lira and a concurrent national economic turmoil.

There’s been a MASSIVE 42% increase in visitors to from Istanbul as the Turkish Lira plummets. This is how Bitcoin takes over the world, not through ETF’s and “HODL”, but through replacing fiat currencies as they fall apart!

— Cøbra (@CobraBitcoin) August 13, 2018