When a national currency loses its foreign exchange utility, it signals deeper economic instability. Iran's rial has depreciated so severely that it no longer functions as a viable medium of exchange in international markets. This kind of currency collapse raises important questions about currency preservation, asset diversification, and why some investors increasingly turn to alternative stores of value like cryptocurrencies. It's a stark reminder of how traditional fiat currencies can lose purchasing power and credibility when faced with prolonged economic pressure. Such events underscore the appeal of decentralized and non-sovereign assets in uncertain economic environments.

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BoredApeResistancevip
· 7h ago
The Iranian Rial has really collapsed this time. Traditional fiat currencies are just like this... The crypto world has been waiting for this moment.
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ser_aped.ethvip
· 7h ago
Iranian Rial is like this now, fiat has little credibility left... No wonder more and more people are going all in on crypto.
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BoredWatchervip
· 8h ago
The Iranian Rial is really struggling this time, no wonder people are starting to buy the dip in crypto.
View OriginalReply0
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