News about Fiat

More / Bitcoin Reddit - 3 years ago

Fiat currencies like the US Dollar or Turkish Lira are scams meant to rob the working class of their savings purchasing power to keep them working. Learn how the fiat currency scam works so you can understand why you need to opt out of saving fiat to stop

My parents let me pay a Nigerian prince $60 bucks for some parrot eggs when I was 13 to learn my lesson about scams. After that, the next scam I fell for was losing $70 bucks at a blackjack table in an Indian casino after I had turned 18, along with...

More / Bitcoin Reddit - 3 years ago

How to buy on lightning using fiat?

I have fiat. How do I buy directly via lightning? Fiat -> Bitcoin lightning wallet Will I have to do the following steps? Fiat -> Bitcoin to exchange -> Bitcoin to lightning wallet Hoping the 2 step method is possible. submitted by...

by COINS NEWS - 3 years ago

A Vietnamese man saved 4,100 dongs (worth almost 1 oz of gold) with the bank in 1983 and forgot about it. In 2002, the bank returned him 110,000 dongs (which was around $8). And no-coiners say crypto is a rugpull. People don’t realise many fiats are rugpu

This is a common story for a lot of Vietnamese people in the 1980s as told in the online newspaper Vietnam Net. The local currency, Vietnamese dong, was devalued many times with inflation over 400% for several years in the mid 1980s. Inflation...

by COINS NEWS - 3 years ago

A Vietnamese man saved 4,100 dongs (worth almost 1 oz of gold) with the bank in 1983 and forgot about it. In 2002, the bank returned him 110,000 dongs (which was around $8). And no-coiners say crypto is a rugpull. People don’t realise many fiats are rugpu

This is a common story for a lot of Vietnamese people in the 1980s as told in the online newspaper Vietnam Net. The local currency, Vietnamese dong, was devalued many times with inflation over 400% for several years in the mid 1980s. ​ 4...