Iran’s Rial Just Collapsed. Is It Time For Bitcoin?
Iran’s national currency, the rial, has completely collapsed against the U.S. dollar as the country’s economic crisis worsens. The value of one rial is now worth $0.00 right now. On the open market, one U.S. dollar now trades for roughly 1.4 million rials, a collapse that has erased decades of purchasing power and fueled widespread...
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