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A comment on Woman holds up Lebanese bank for $13k of her own money. Parent comment

Re:Woman holds up Lebanese bank for $13k of her own money by johndevor on Wednesday September 14, 2022 @09:32AM (#32836928)
> You can store cash, if you choose to. Way way way easier than Crypto. This should be the end of this argument but let's continue

Inflation is big and getting bigger. In Lebanon, it's sky high.

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Re:Woman holds up Lebanese bank for $13k of her own money by colinmhayes on Wednesday September 14, 2022 @09:45AM (#32837095)
How does crypto help there? It’s value could halve right after you buy it.
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Re:Woman holds up Lebanese bank for $13k of her own money by almostkorean on Wednesday September 14, 2022 @11:08AM (#32838318)
Stablecoins are popular in countries with hyperinflation
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Re:Woman holds up Lebanese bank for $13k of her own money by colinmhayes on Wednesday September 14, 2022 @11:12AM (#32838370)
How are stable coins different from cash under the mattress with regard to inflation?
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Re:Woman holds up Lebanese bank for $13k of her own money by almostkorean on Wednesday September 14, 2022 @11:15AM (#32838406)
You can convert your money to a USD pegged stablecoin instead of your local currency which is losing value at a faster rate. Plus easier to store and move large amounts IMO
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