Alp on Nostr: That's a long way to go then. In Turkey, a simple shirt costs 500 TL ... after they ...
That's a long way to go then. In Turkey, a simple shirt costs 500 TL ... after they had already removed 6 zeros before. So the shirt's price is basically 500,000,000 Lira. My grandfather bought a sesame bagel and a tea for 0.01 Lira during his school days. Imagine the inflation going on since 3-4 generations.
And they still show no signs of using BTC. On the contrary, only a tiny minority knows what it is. And of those, 99% see it as a store of value or a speculative object, but not as a medium of exchange.
Published at
2024-08-22 17:39:28Event JSON
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"content": "That's a long way to go then. In Turkey, a simple shirt costs 500 TL ... after they had already removed 6 zeros before. So the shirt's price is basically 500,000,000 Lira. My grandfather bought a sesame bagel and a tea for 0.01 Lira during his school days. Imagine the inflation going on since 3-4 generations.\n\nAnd they still show no signs of using BTC. On the contrary, only a tiny minority knows what it is. And of those, 99% see it as a store of value or a speculative object, but not as a medium of exchange.",
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