Domestic inflationary pressures, associated with higher wages and incomes, will lead to higher inflation for non-tradable goods and services but, at the same time, the gradual pass
through of the initial exchange rate
appreciation will lead to lower inflation for tradable goods and services (whose prices in foreign
currency terms depend to a significant extent on global considerations).
Access to Coinfloor's spot exchange will allow investors to convert bitcoin to fiat
currency post-physical delivery, providing opportunities for longer - term
currency appreciation or
through meeting bitcoin - denominated obligations.