pull down to refresh

πŸ‡«πŸ‡·πŸ’΅ 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.

reply

Fiat as a tool for control...
Next, CBDCs 🧐

reply

I don't think this is historically accurate.

reply

what is corect then?

reply

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.

reply

there are several examples of this kind of attack.. business as usual..
sad..

reply

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.

reply

Source please

reply

Bitcoin fixes this

reply

Vive la France, vive la libertΓ©

reply