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As Fiat Currencies Experience Devaluation and Cryptocurrency Continues to Gain Favor, LQwD FinTech Corp. (TSX.V: LQWD) (OTCQB: LQWDF) PaaS Offers Fast Bitcoin Transactions, Lower Fees

  • Countries facing high rates of fiat currency devaluation are considering the purchase of cryptocurrency as a more stable alternative 
  • The Lightning Network facilitates faster transactions for cryptocurrency and is also a low-fee alternative for sending and receiving payments
  • LQwD has ten public nodes on the Network: in the U.S., India, Ireland, Germany, Indonesia, Italy, Singapore, Sweden, England, and France
  • Highest capacity node is in the U.S., with 5.689273640 BTC (U.S. $224,452.01) and a channel count of 106 (established November 2021)
  • The cryptocurrency market, although volatile, is estimated to reach U.S. $32,420 billion by 2027

Even before the war between Russia and Ukraine, currencies worldwide began experiencing devaluation. Devaluation is the official lowering of the value of a country’s currency, and as more states are facing this issue, many of them are seeking out cryptocurrency as an alternative. In terms of devaluation, the countries hit the hardest include:

  • Brazil – 217.65% devaluation against the U.S. dollar 2011-2021
  • South Africa – 102.74% devaluation against the U.S. dollar 2011-2021
  • Mexico – 63.71% devaluation against U.S. dollar 2011-2021
  • India – 58.58% devaluation against the U.S. dollar 2011-2021

These four countries are also estimated to be the four most likely candidates to purchase cryptocurrency within the next year, with percentages close to 50% ( According to Gemini’s 2022 Global State of Crypto report, 41% of those who purchased crypto in 2021 were first-time buyers, with…

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NOTE TO INVESTORS: The latest news and updates relating to LQWDF are available in the company’s newsroom at

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