I don't think people are lining up to store their value in Rand, Real, Roebels o... | Hacker News

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		yourusername on March 28, 2023 \| parent \| context \| favorite \| on: For the first time, the Fed is losing money I don't think people are lining up to store their value in Rand, Real, Roebels or Rupees (but maybe Yuan). I know the US is devaluing the dollar all the time but still if i have to choose between keeping my savings in Rand or US Dollars that is a easy choice. But i'd take Krugerrands over Dollars.

OscarCunningham on March 28, 2023 | [–]

You could have said 'Renminbi' instead of 'Yuan' to keep the alliteration going.

qeternity on March 28, 2023 | [–]

Crypto’s largest use-case aside from retail gambling is to facilitation of capital control evasion in Asian countries, notably China. By and large the flight is into dollars.

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