A man gave the central bank his life savings of $2000. After 20 years…
https://ift.tt/3rzXO54
…he got back $3. No, this is not a joke or fiction. This is a true story from Vietnam. I can link the source if needed (it’s in Vietnamese though). The explanation he was given is because of inflation and the drastic changes of the economy. So the fault is in the economy, not his nor the bank’s!? But anyway he should have come the bank and update his account (again ???)
One cannot fathom the importance of a durable store of value without experiencing such incidents.
Edit: the source: https://ift.tt/3nQeUuB
Cryptocurrency
