Post by Dany
The government of Bolivia is about to rug everyone holding USD in their bank accounts and will replace the dollars with a commensurate amount in local currency, Bolivianos - which are redeemable back to USD for 50% less. But #Bitcoin has no use case.
5
429
In Argentina, this was called "asymmetric pesification." It was one of the biggest scams in the country's history. Now it's the Bolivians' turn. Another disaster of socialism! If people understood Bitcoin and escaped the perverse fiat system, we would live in a happier world, but unfortunately, these same thieving rulers are also the ones responsible for keeping their people in ignorance. Very sad!
0
0