What to do in case of hyperinflation ๐ต
Most national currencies are basically shitcoins compared to the dollar. And when things start falling apart, governments often choose to hyperinflate instead of facing default or economic collapse. That means they print, and you pay the price.
๐ When a currency collapses, it usually happens faster than expected. First prices go up weekly, then daily, then every hour. If you're holding local fiat, you're losing value in real time.
Start by converting your cash into better stores of value. Bitcoin, crypto dollar stablecoins, gold, or foreign currencies are far more reliable during a currency crisis. Even basic goods like batteries, or fuel often perform better than cash.
๐ Donโt wait to buy essentials. Non-perishable food, medicine, hygiene products โ anything you use regularly โ will likely become scarce or unaffordable. If you can buy it now and store it, do it.
Ignore official inflation numbers. Governments are incentivized to lie. The real data is in stores, gas stations, and on the street.
๐ค Keep only a small amount of cash on hand for spending. Move the rest out of the system. In hyperinflation, capital controls, frozen transfers, and ATM limits are common. If you wait, you may get trapped.
Learn how to use crypto properly. Self-custody wallets, stablecoins, and USDT or USDC off-ramps are not just for trading anymore โ theyโre important financial tools available globally ๐ฒ
