4 ms·

Also people in countries facing hyperinflation or corrupt banking system (Venezuela, Zimbabwe, Argentina, Turkey, Lebanon etc ) might be forced to run their own

• dmitriid 5y ago
  > Also people in countries facing hyperinflation ... might be forced to use the currency that is as volatile as their own? Why?
• cedilla 5y ago
  ...or they just do what was always historically done and use a neighbour's stable currency, or simply USD or EUR. Switching from an inflationary currency to a stable one is already tough, switching to a volatile deflationary currency would be a nightmare.
  • noipv4 5y ago
    the problem is when shtf, USD and EUR are the first to be controlled by the government and banks.