BREAKING NEWS: Egyptian authorities hunting for people carrying US. dollars.
The Egyptian authorities have started setting up roadblocks around the country for spot checks of vehicles, and their occupants, looking for any dollar bills.
Anyone caught carrying US. dollars on their person will face fines/imprisonment and the confiscation of all their dollars. They will also be forced to reveal the source of where they got them.
Most traders who trade using the dollar have been warning each other and have decided not to work today, in fear of getting caught.
For a country that is facing inflationary rate of about 1%/day, its people are getting squeezed hard financially.
#Bitcoin is sounding better and better by the day.
This is wild @LynAlden is this something you’ve come across?
How do you know this is happening?
From local Egyptian social media.
In the official media they say: dollar mafia traders are the reason for the inflation and tye rise in dollar price for the Egyptian pound 🤣
3 months ago Pyramid tour guy was looking for SATS in nostr markets - so its nothing strange - maybe SisiBoyz need HUNT for SEEDs Privkey under Phoenix secret chamber soon LynAlden
EU is talking about mandatory registration of any assets >200k ... so Europe is on a similar trajectory.
🚨👀🚨
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It is ironic that a supposed US "ally" is banning its "ally's" money.
I think the days of the US buying allies is nearing its end.