“The Turkish Lira is practically worthless, and people avoid holding onto it any longer than they must. The race to acquire safe-haven assets is constant. Affluent citizens turn to real estate or gold bullion. Cars, especially luxury ones from Germany and Italy, are seen as assets due to import restrictions. For the average person, gold coins and foreign currencies, particularly U.S. dollars, are tucked away safely at home. Even everyday items like detergent, which do not expire and are universally needed, are preferable to the Turkish lira. Once salaries are paid, households bulk buy these items to stockpile and potentially resell. This is hyperinflation in action.” — nostr:npub13vepw9xdhjzhp87lv5h7z2jgzteltmzqe4scjsn9dtwwncz6ekms5p489d and nostr:npub1qy2tkywa36ufh76qv62snv4953eayufxufav4evz2le06lxe2amqpxavna for nostr:npub13tctmes9ug5gcj4huj92ryw2ky600l62xwmkssdn9mmkf8y0u6jq5g7qx7
https://www.btctimes.com/news/how-turkey-is-embracing-the-bitcoin-era
