The Egyptian Pound has devalued 60% in the last 24 hours
Discussion
Brutal
All of them are collapsing; some faster than others
I can't imagine what that might feel like, so sad
brutal
This is why ATHs are not all they seem to be. Yet folks are still obsessed with NgU.
They are just a good opportunity to orange pill normie friends, family, colleagues etc who start asking about that Bitcoin thing you always talk about because they saw something about it on the BBC
“You will take the Palestinians or be crushed”
The Egyptian Pound has experienced 60% of its energy being confiscated in the last 24 hours*
Blimey.
I lived through hyperinflation is not funny.
Is fucked to see the shortages of simple goods like food, price changing daily, or a few times a day.
No budget works, every day is a battle at least I didn’t have kids at the time.
👀 👇 mata uang mesir
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Alarming.
🤔 America's REAL foreign policy at work?
Must be one of those Pyramid Schemes... 🤣 🤣 🤣
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Bitcoin is way too volatile to be used as money
Worse than shitcoins 🙄
Yep and not for the first time. I am sure @LynAlden will be using this as yet another example of the useless fiat system.
Bitcoiner not affected..
Is this a real devaluation or one of those where the government gives up on its unreasonable official rates?
Sad for those holding the Egyptian Pound.
What is going on over there? This is scary to think about if this happened in US.
IMF: It's a ""bailout""
Now devalue everything by 60% so we can steal your resources!
What were the payments like from the previous $3 Billion IMF loan? What if IMF had forgiven that loan instead of encouraging Egypt to take on a larger one? Too little too late maybe. nostr:npub1trr5r2nrpsk6xkjk5a7p6pfcryyt6yzsflwjmz6r7uj7lfkjxxtq78hdpu nostr:npub1a2cww4kn9wqte4ry70vyfwqyqvpswksna27rtxd8vty6c74era8sdcw83a
Are USD holders going to take profit?
Shitcoins doing shitcoin things.