hyperinflation Archive

Iran Ditches Rial in Hyperinflation Crisis — Bitcoin Demand Rises

Adoption, central bank, Government, hyperinflation, Inflation, Iran, Latest NEWS, Regulation, sanctions, United States

Iran is set to redenominate its fiat currency, removing four zeros to create a new fiat called toman as demand for crypto is surging.

By satoshi May 10, 2020

Elon Musk and Joe Rogan Discuss Problems With Traditional Currencies

Elon Musk, Gold, hyperinflation, Inflation, joe rogan, Latest NEWS, Peter Schiff, Podcast, Tesla

Tesla founder, Elon Musk, recently discussed current difficulties amid massive U.S. money printing efforts, but failed to mention Bitcoin’s inflation-proof model.

By satoshi May 7, 2020

Iran Ditches the Rial Amid Hyperinflation as LocalBitcoins Seem to Trade Near $35K

Fiat, hyperinflation, Inflation, Iran, Latest NEWS, Regulation, sanctions

Iran’s parliament votes to institute a new currency as coronavirus and sanctions hyperinflate the rial and local Bitcoin prices skyrocket relative to official exchanges.

By satoshi May 4, 2020