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Great content! It’s good to see how the world is in poorer states or economies.

I absolutely understand him. I remember when i was young, my father would on a day when he received his monthly salary go out to local market and trade money with some weird guy that had ton of foreign money. I did not understand it at the time and i forgot about it as time passed by, but it flashed back when i started reading about Bitcoin. It suddenly all just clicked together. Inflation, how my father traded to foreign currency to protect us, how Bitcoin can protect me and my family etc. Bitcoin is not some theoretical thing, it's tool for here and now for those that are willing to learn about it.

Absolutely. Which country was that where your father traded currency?

Croatia, that was than part of Yugoslavia. Yugoslavia had at that time high inflation which i was clueless about (my parents didn't teach me much about money) when i was a boy (but young enough to understand). I'm not making same mistake with my kids tho. They learned about money, what it represents and what is regularly happening with it as soon as they got hang of numbers. Simply understanding made them buy some Bitcoin. My son already bought himself an mobile phone with it, and my daughter is hodling. Excellent lessons for both of them, as they can see how their decisions effect them. As far as inflation in Yugoslavia goes, at one period there was situation where you could take a big loan in local currency and because of inflation, you would simply pay it off in few years. My mothers aunt got one of those to buy a flat. Imagine monthly payment being 1000€ in first month and after some time she way paying off 50€ monthly and down to 10€ when she closed it. So who was smart enough and had opportunity (not everyone could buy a flat, as there was not enough of them) could have used inflation to his advantage. That's why everyone needs to learn about fiat, inflation, bitcoin and money as a whole.

Thanks for sharing this!

Idemooo! Bravo majstore 🫂🤙🏼

Interesting insight.

Speaking of poorer countries, this is interesting: https://primal.net/e/note17f47xwp63az2n56h24qdvevvu866xrzxqkyyve633f37c32rhruqpjrznr