Crypto versus Fiat Hyperinflation

in #cryptocurrency8 years ago

One of the reasons we need crypto, to avoid hyperinflation of fiat currencies!

Source: https://www.reddit.com/r/Bitcoin/comments/8dddh3/this_is_why_i_trust_in_bitcoin/

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In Wymar Germany a man offered a coffee for 100 marks after finishing it, he wanted another one and then finished that too. He went to pay the bill pulling 200 marks out of his wallet. The cashier said, " that will be 1000 marks." He said, "they were 100 marks each when I sat down." She responded with, "you should have ordered them together."

It is insane when you think about it. Also, it is important to have a stability in the price.

I am also a proud owner of few billion dollar notes from Zimbabwe ;)
I totally agree! Good to see Bitcoin going green again!

You should send me one ;)

Totally! I will ask my brother to send me one (he's keeping them for me) and send you one ;)
Then we will both be billionaires, lol!

Cool, I want to be a billionaire ;)

great post keep it up...

Absolutely true, and due to this hyperinflation people who holds Fiat slowly lose their holdings towards Fiat. Thanks for sharing. 🙂

great post keep it up

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