Erik The Decentralist on Nostr: Of the 775 Fiat currencies created throughout all human history; -20% failed through ...

Of the 775 Fiat currencies created throughout all human history;

-20% failed through hyperinflation,
-21% were destroyed by war,
-12% destroyed by independence,
-24% were monetarily reformed,

AND

The 23% that are still in circulation are approaching collapse.

https://blog.gravity.eco/fiat-currencies-surprisingly-shoddy-track-records