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20 sats \ 7 replies \ @bief57 1 Dec \ on: Stacker Saloon
Caracas, Venezuela, 1968.
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0 sats \ 6 replies \ @DarthCoin 1 Dec
Venezuela now...
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10 sats \ 4 replies \ @Rothbardian_fanatic 1 Dec
Oh, I see someone took the garbage out instead of burning it for heat! People are learning, it is just that fiat went down the tubes faster in Venezuela than in other places, but it is sure to fall. Fiat has never, never in all of history, not managed to go to zero value. Ours is bound for the same destination, just how fast is the question.
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0 sats \ 3 replies \ @DarthCoin 1 Dec
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0 sats \ 2 replies \ @Rothbardian_fanatic 1 Dec
Someone found a great use for the useless banknotes, handicrafted objects like purses. Very useful! I keep a 1,000,000,000,000 dollar Zimbabwe bank note on my wall to remind me of what happens to real banknote fiat! I also have a $1,000,000 US (fake) note on that wall to be an even stronger reminder.
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0 sats \ 1 reply \ @bief57 1 Dec
I gave a wad of these bills to my daughter to play with, there is not one left, it has ended up in the trash. A few years ago on the Colombian border, Colombians bought them, but I don't know the reasons.
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0 sats \ 0 replies \ @Rothbardian_fanatic 1 Dec
Maybe they needed something for insulation in the walls and ceilings in Colombia. Crumpled paper serves as a good insulator.
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0 sats \ 0 replies \ @bief57 1 Dec
haha yeah, just paper to wipe your butt. That's why Bitcoin adoption has grown quite a bit in Venezuela.
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