🚨 Another complete collapse of the fiat currency system and sovereign credit—
The Iranian Rial to USD exchange rate has plummeted to 1,470,000:1
If you currently have $879, you are a millionaire in Iran!
After several risky bets, I found that not only did I lose the game, but the economy also collapsed. The foreign exchange from oil sales was completely taken by various experts;
The worthless fiat currency was handed over to ordinary Iranians. In just 15 years, the public’s wealth shrank by 99%.
In this situation, I suggest the Iranian government simply abolish the Iranian Rial, which is no different from waste paper, and switch directly to settlement in RMB or precious metals.
If you really don’t want to use USD, $BTC is also fine!
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🚨 Another complete collapse of the fiat currency system and sovereign credit—
The Iranian Rial to USD exchange rate has plummeted to 1,470,000:1
If you currently have $879, you are a millionaire in Iran!
After several risky bets, I found that not only did I lose the game, but the economy also collapsed. The foreign exchange from oil sales was completely taken by various experts;
The worthless fiat currency was handed over to ordinary Iranians. In just 15 years, the public’s wealth shrank by 99%.
In this situation, I suggest the Iranian government simply abolish the Iranian Rial, which is no different from waste paper, and switch directly to settlement in RMB or precious metals.
If you really don’t want to use USD, $BTC is also fine!