π«π·π΅ TIL: Around 1958, the recently independent Guinea wanted to print its own currency.
France, being against it, counterfeited high-quality bills and flooded the market, causing the currency to collapse.
This forced Guinea to join the French-controlled CFA franc-zone.
This can't be real.
Except it likey is.
Fiat as a tool for control...
Next, CBDCs π§
I don't think this is historically accurate.
what is corect then?
The French start wars to keep the CFA alive in Central Africa. This was colonization all along. The U.S. does it to the rest of the world.
there are several examples of this kind of attack.. business as usual..
sad..
Everybody has the same rights, and therefore there is no such thing as counterfeiting. There are only shitcoins, which can be printed into oblivion by whoever is physically able to.
Source please
Bitcoin fixes this
Vive la France, vive la libertΓ©