The Egyptian Pound has devalued 60% in the last 24 hours
https://m.primal.net/HiWA.jpg


Brutal


All of them are collapsing; some faster than others


I can't imagine what that might feel like, so sad


Poor pharaoh


Criminals


brutal


This is why ATHs are not all they seem to be. Yet folks are still obsessed with NgU.


“You will take the Palestinians or be crushed”


The Egyptian Pound has experienced 60% of its energy being confiscated in the last 24 hours*


Blimey.


I lived through hyperinflation is not funny.
Is fucked to see the shortages of simple goods like food, price changing daily, or a few times a day.
No budget works, every day is a battle at least I didn’t have kids at the time.


👀 👇 mata uang mesir

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Alarming.


🤔 America's REAL foreign policy at work?


Will they stop importing Egyptian souvenirs from China now?


They are just a good opportunity to orange pill normie friends, family, colleagues etc who start asking about that Bitcoin thing you always talk about because they saw something about it on the BBC


Must be one of those Pyramid Schemes... 🤣 🤣 🤣

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Bitcoin is way too volatile to be used as money

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Worse than shitcoins 🙄


punishment for Egypt joining BRICS


Yep and not for the first time. I am sure @LynAlden will be using this as yet another example of the useless fiat system.


Bitcoiner not affected..


Is this a real devaluation or one of those where the government gives up on its unreasonable official rates?


Sad for those holding the Egyptian Pound.


What is going on over there? This is scary to think about if this happened in US.


IMF: It's a ""bailout""

Now devalue everything by 60% so we can steal your resources!

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The Egyptian Pound has devalued 60% in the last 24 hours
https://m.primal.net/HiWA.jpg


Are USD holders going to take profit?


All to get more money from the IMF ... and the sad cycle continues


Played.


Shitcoins doing shitcoin things.


Onward 🫡

Onward 🫡