When the Iranian Rial drops to a historic low against the US dollar and the local currency-denominated Bitcoin price surges over 2600%, this is not the beginning of a wealth celebration but rather a reflection of a deep economic crisis.
On the surface, the price of buying Bitcoin with the local currency skyrockets to astronomical levels. But behind this shiny digital shell, we uncover a harsh reality: it's not that Bitcoin has become stronger, but that the local fiat currency is rapidly losing its value.
Iran's situation is already alarming enough. Inflation exceeds 100%, and bank deposits are shrinking visibly. Prices change daily, while the purchasing power of paper money disappears. At this point, Bitcoin is no longer just an investment tool but a survival tool. When trust in the banking system hits rock bottom and local currency savings become a synonym for negative assets, ordinary people have no choice—they need an asset unaffected by central bank policies, that cannot be frozen or devalued, to protect themselves.
This phenomenon tells an ancient truth to the entire crypto market. Once the fiat system loses credibility, people instinctively seek alternatives. Due to its scarcity and decentralized nature, Bitcoin naturally becomes the "Noah's Ark" in this crisis. Its rise isn't driven by technological breakthroughs or a bull market, but by its role as a hedge against systemic risk.
Iran's lesson is worth global reflection. When central banks abuse monetary policies and debt continues to swell, similar stories may unfold in more regions. The value of Bitcoin as a safe-haven asset has moved from theory into reality.
Is there a safeguard in your asset allocation for such systemic risks?
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DataChief
· 2h ago
This is the reality. Fiat currency is dying, and crypto is thriving. Iran now mirrors our future.
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It's not that Bitcoin has risen, but that money has become worthless. That's the core issue.
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Hey, it's a bit scary. If all central banks really play like this, then we better keep some assets in reserve.
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So, holding some BTC is just buying insurance—simple and straightforward.
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Iran's story keeps repeating, just in different locations. Those who got in early are now the happiest.
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2600% sounds impressive, but after removing currency devaluation, it hasn't really increased much. The problem isn't Bitcoin; it's that governments are ruining their own money.
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It's frustrating. Ordinary people are forced to participate in this game. BTC has become a necessity rather than an option, which is very despairing.
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Central banks over-issue currency, and victims turn to crypto. The logic is crystal clear—why do some still pretend not to understand?
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I'm feeling quite anxious now; it feels like this is getting too close to home. How should I allocate my assets to feel secure?
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CascadingDipBuyer
· 16h ago
Woke up, this is a real story.
View OriginalReply0
zkNoob
· 16h ago
Wake up, wake up. Fiat currency is dead, only Bitcoin survives. This is the reality.
View OriginalReply0
GovernancePretender
· 16h ago
Wake up, that 2600% number sounds great, but it's actually fiat currency dying. This is the real core.
View OriginalReply0
MemecoinTrader
· 16h ago
ngl the iran play is textbook macro arbitrage theater... watching fiat death spirals in real-time hits different when you realize the psyops are actually currency crises masquerading as pump cycles
When the Iranian Rial drops to a historic low against the US dollar and the local currency-denominated Bitcoin price surges over 2600%, this is not the beginning of a wealth celebration but rather a reflection of a deep economic crisis.
On the surface, the price of buying Bitcoin with the local currency skyrockets to astronomical levels. But behind this shiny digital shell, we uncover a harsh reality: it's not that Bitcoin has become stronger, but that the local fiat currency is rapidly losing its value.
Iran's situation is already alarming enough. Inflation exceeds 100%, and bank deposits are shrinking visibly. Prices change daily, while the purchasing power of paper money disappears. At this point, Bitcoin is no longer just an investment tool but a survival tool. When trust in the banking system hits rock bottom and local currency savings become a synonym for negative assets, ordinary people have no choice—they need an asset unaffected by central bank policies, that cannot be frozen or devalued, to protect themselves.
This phenomenon tells an ancient truth to the entire crypto market. Once the fiat system loses credibility, people instinctively seek alternatives. Due to its scarcity and decentralized nature, Bitcoin naturally becomes the "Noah's Ark" in this crisis. Its rise isn't driven by technological breakthroughs or a bull market, but by its role as a hedge against systemic risk.
Iran's lesson is worth global reflection. When central banks abuse monetary policies and debt continues to swell, similar stories may unfold in more regions. The value of Bitcoin as a safe-haven asset has moved from theory into reality.
Is there a safeguard in your asset allocation for such systemic risks?