• iopq@lemmy.world
    link
    fedilink
    English
    arrow-up
    1
    ·
    29 days 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

    • ssj2marx@lemmy.ml
      link
      fedilink
      English
      arrow-up
      2
      ·
      29 days ago

      Do you mean the Russian ruble? The Soviet Ruble was pretty stable during it’s existence.

      • iopq@lemmy.world
        link
        fedilink
        English
        arrow-up
        1
        ·
        29 days ago

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