Check the current exchange rate of the Iranian Rial—1,470,000 to 1 US dollar. How outrageous is this number? Ordinary people's wallets are evaporating right before their eyes.
In just 15 years, the real purchasing power of the public has shrunk by 99%. After several rounds of government gambles, the economy directly collapsed, and the foreign exchange earned from oil was quickly divided among various factions. The final mess was dumped on the common people to bear. The fiat currency printed by the ruling class keeps depreciating endlessly; no matter how diligent ordinary people are, they can't outrun the printing press.
And what about Bitcoin, gold, and silver? Their total supply is limited, and no one can increase it. These are the truly wealth-protecting assets—scarcity is right there, and no one can cheat.
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AirdropF5Bro
· 10h ago
This is a dead end for fiat currency. Iranian guys now have to buy groceries as millionaires, and they can't even smile.
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BlockchainWorker
· 01-14 03:41
Damn, that's why I went all in on cryptocurrencies. Fiat money is just a joke.
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NFTArchaeologist
· 01-14 03:39
Iran's current inflation is truly incredible. Once the printing presses start running, ordinary people have nothing to do with it. That's why I am so optimistic about on-chain assets.
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DecentralizedElder
· 01-14 03:36
Paper money these days are just a joke. Luckily, I've already gone all in on the crypto world.
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ShitcoinArbitrageur
· 01-14 03:34
Iran's exchange rate is really crazy. As soon as the printing presses start, ordinary people are doomed. That's why you need to hold Bitcoin.
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WalletInspector
· 01-14 03:26
1.47 million to 1 USD, this is just outrageous, Iranians are really at their wit's end.
Check the current exchange rate of the Iranian Rial—1,470,000 to 1 US dollar. How outrageous is this number? Ordinary people's wallets are evaporating right before their eyes.
In just 15 years, the real purchasing power of the public has shrunk by 99%. After several rounds of government gambles, the economy directly collapsed, and the foreign exchange earned from oil was quickly divided among various factions. The final mess was dumped on the common people to bear. The fiat currency printed by the ruling class keeps depreciating endlessly; no matter how diligent ordinary people are, they can't outrun the printing press.
And what about Bitcoin, gold, and silver? Their total supply is limited, and no one can increase it. These are the truly wealth-protecting assets—scarcity is right there, and no one can cheat.