Watch what's happening to the Iranian rial against the dollar—it's a textbook case of currency collapse. But here's the thing: this isn't unique. Fiat currencies have a predictable pattern of losing purchasing power over time. It's baked into the system.
That's exactly why Bitcoin is gaining traction as a serious alternative. More investors are waking up to it as a hedge when traditional money keeps getting weaker. When governments print endlessly and inflation eats away at savings, hard-capped assets start looking pretty attractive.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
10 Likes
Reward
10
7
Repost
Share
Comment
0/400
SchroedingerAirdrop
· 01-13 14:01
The Iranian Rial has indeed performed poorly this time, but to be honest, fiat currencies around the world are all slowly dying... HODL Bitcoin is the true way.
View OriginalReply0
PriceOracleFairy
· 01-13 13:54
ngl the rial situation is just entropy in slow motion—classic fiat death spiral we've seen a hundred times over, yet somehow still shocks people lmao
Reply0
UnluckyLemur
· 01-13 13:53
Iranian Rial is now unwanted by everyone. To put it simply, it's the common problem of fiat currency—once the printing presses start, it's all over.
View OriginalReply0
BearMarketBarber
· 01-13 13:52
The recent operation of the Iranian Rial is purely a textbook-level collapse, but to be honest, the old brothers in the crypto circle have long seen through it. The fiat system is doomed to devalue continuously; there's nothing new. The smart people now are hoarding Bitcoin as a hedge. As the government prints money endlessly, our purchasing power evaporates infinitely. Hard assets are the way to go.
View OriginalReply0
fren.eth
· 01-13 13:50
I'm already tired of the Iran Rial crashing, but the key is, isn't our fiat currency the same... This wave of BTC really has something special.
View OriginalReply0
GasDevourer
· 01-13 13:49
nah The Iranian rial situation is just a warning sign, our fiat currency will end up like that sooner or later
View OriginalReply0
ConfusedWhale
· 01-13 13:38
The Iranian Rial is truly beyond saving this time. Fiat currency is inherently a devaluation machine.
Watch what's happening to the Iranian rial against the dollar—it's a textbook case of currency collapse. But here's the thing: this isn't unique. Fiat currencies have a predictable pattern of losing purchasing power over time. It's baked into the system.
That's exactly why Bitcoin is gaining traction as a serious alternative. More investors are waking up to it as a hedge when traditional money keeps getting weaker. When governments print endlessly and inflation eats away at savings, hard-capped assets start looking pretty attractive.