Hameini was attacked and killed, Iran's fiat currency, the Iranian Rial (IRR), rapidly depreciated, Now 1 million IRR is worth 5.2 RMB, or 0.76 USD, An ordinary Iranian person, who saved 1 million IRR in a lifetime, Disappears overnight, almost worth nothing, Regional turmoil, fiat currency devaluation, savings wiped out, and the bill is paid by ordinary people, $BTC is decentralized, not controlled by any specific government, freely circulating, It won't depreciate due to regional disputes, Perhaps it's a more suitable currency choice?
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
With the instability of the Iran situation,
Hameini was attacked and killed,
Iran's fiat currency, the Iranian Rial (IRR), rapidly depreciated,
Now 1 million IRR is worth 5.2 RMB, or 0.76 USD,
An ordinary Iranian person, who saved 1 million IRR in a lifetime,
Disappears overnight, almost worth nothing,
Regional turmoil, fiat currency devaluation, savings wiped out, and the bill is paid by ordinary people,
$BTC is decentralized, not controlled by any specific government, freely circulating,
It won't depreciate due to regional disputes,
Perhaps it's a more suitable currency choice?