Turkish Lira collapse
The Turkish Lira after losing more than 40% of the value during this year, today, in less than 1 hour, it lost 10% more.
Its currently at 13 Lira per $1, where earlier this year was about 7 Lira per $1. Also the conversion rate yesterday was about 1 TRY = 0.090 USD, and now it is 1 TRY = 0.078.
This is horrendous for Turkish People, hope you saved your money elsewhere and I hope you come through with this.
This is why Crypto is important, let's not think about our profits for one moment and think about all the people Crypto can help.
Not only poor countries and poor communities but also countries where inflation is real.
Praying for you my Turkish Friends.
submitted by /u/niddLerzK
[link] [comments]