• iopq@lemmy.world
    link
    fedilink
    English
    arrow-up
    1
    ·
    7 months ago

    Okay, but national currencies failed before because people would keep dollars and just convert at the time when they need to pay taxes

    Source: I still remember the Soviet ruble collapse and hyperinflation

      • iopq@lemmy.world
        link
        fedilink
        English
        arrow-up
        1
        ·
        7 months ago

        It lasted longer in some countries, the Russian ruble was introduced in 1993, in my country the soviet ruble lasted until 1992