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by scoopertrooper
1395 days ago
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I just did a quick calculation. If the Sri Lankans had traded their Rupees for Bitcoin at the peak, they'd be down about 4% less. However, if they had bought USD instead, they'd up 73%! Bitcoin seems like a poor inflation hedge to me. However, it does seem to be working out well for them. Joke is on me, I guess. https://www.aljazeera.com/economy/2022/8/15/sri-lankans-make... |
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