Venezuela to slash 000000 from their currency. Yes 6 zeros!

Venezuela says it will make a million-to-1 change in its currency soon, eliminating six zeroes from prices in the local currency as hyperinflation continues to plague the South American nation.
The Venezuelan Central bank announced the change to the Bolivar will go into effect 1st October, 2021.

This is one of the reasons Satoshi envisioned bitcoin a decade ago.

Hyperinflation has hit Venezuelan Bolivar extremely hard and it keeps getting worse with no respite in sight.

Bitcoin has provided a store of value and has eliminated the middle man (looking at those greedy banks) for the same people. The peer to peer function has allowed them to pay each other for services/goods while not losing 70-80% of value every week.

Bitcoin has been a lifeline for a lot of these people and they don't care about volatility because anything is better then their worthless centralized shitcoin called Bolivar made by the stupid govt with their stupid policies.

And then what grinds my gears is when I see some of these no coiners make absolute bullshit statements like "bruh, bitcoin is a Ponzi scheme, lmfao"
In that regard, almost everything of value is a ponzi. Stocks and bonds markets are ponzi scheme. Even families raising their kids are Ponzis, you absolute fool of a took!

Sometimes I wish some higher power could slap some sense into some of these ignorant *****.

Rant Over.