“Why #bitcoin ?” 1. Ming Dynasty Paper Money (China) Duration: 1368 – 1450 Reason for Failure: Overproduction led to severe inflation, causing the currency to lose value and be abandoned in favor of silver. 2. Swedish Riksdaler (Sweden) Duration: 1604 – 1776 Reason for Failure: Excessive issuance of paper money without sufficient backing led to depreciation and loss of confidence. 3. French Livre (France) Duration: 781 – 1795 Reason for Failure: Replaced by the franc during the French Revolution due to inflation and monetary reform. 4. Assignat (France) Duration: 1790 – 1796 Reason for Failure: Overproduction and counterfeiting led to rapid depreciation and eventual abandonment. 5. Continental Currency (United States) Duration: 1775 – 1782 Reason for Failure: Over-issuance and lack of backing caused massive depreciation, leading to the phrase “not worth a continental.” 6. Confederate States Dollar (Confederate States of America) Duration: 1861 – 1865 Reason for Failure: Overproduction, lack of backing, and the Confederacy’s defeat rendered the currency worthless. 7. German Papiermark (Weimar Republic) Duration: 1914 – 1923 Reason for Failure: Post-World War I reparations and economic mismanagement led to hyperinflation, making the currency worthless. 8. Hungarian Pengő (Hungary) Duration: 1927 – 1946 Reason for Failure: Post-World War II hyperinflation led to the replacement of the pengő by the forint. 9. Zimbabwean Dollar (Zimbabwe) Duration: 1980 – 2009 Reason for Failure: Economic mismanagement and land reform policies led to hyperinflation, causing the currency to be abandoned in favor of foreign currencies. 10. Argentine Peso (Argentina) Duration : 1983 – 1985 Reason for Failure: Chronic inflation led to the replacement of the peso with the austral in 1985. 11. Peruvian Sol (Peru) Duration: 1863 – 1985 Reason for Failure: Hyperinflation in the 1980s led to the sol being replaced by the inti, and later the nuevo sol. 12. Soviet Ruble (Soviet Union) Duration: 1919 – 1991 Reason for Failure: The dissolution of the Soviet Union led to the abandonment of the ruble in favor of new national currencies by successor states. 13. Greek Drachma (Greece) Duration: 1832 – 2001 Reason for Failure: Replaced by the euro in 2001 as part of Greece’s entry into the Eurozone. 14. Italian Lira (Italy) Duration: 1861 – 2002 Reason for Failure: Replaced by the euro in 2002 due to Italy joining the Eurozone. 15. Spanish Peseta (Spain) Duration: 1868 – 2002 Reason for Failure: Replaced by the euro in 2002 as Spain adopted the common European currency. 16. Portuguese Escudo (Portugal) Duration: 1911 – 2002 Reason for Failure: Replaced by the euro in 2002 with Portugal’s entry into the Eurozone. 17. French Franc (France) Duration: 1795 – 2002 Reason for Failure: Replaced by the euro in 2002 as France joined the Eurozone. 18. Dutch Guilder (Netherlands) Duration: 1680 – 2002 Reason for Failure: Replaced by the euro in 2002 with the Netherlands adopting the common currency 19. Austrian Krone (Austria-Hungary) Duration: 1892 – 1925 Reason for Failure: Collapsed after World War I and the dissolution of the Austro-Hungarian Empire; replaced by the Austrian Schilling. 20. Ottoman Lira (Ottoman Empire) Duration: 1844 – 1923 Reason for Failure: Replaced by the Turkish Lira after the collapse of the Ottoman Empire. 21. Chinese Da-Qing Baochao (China) Duration: 1853 – 1868 Reason for Failure: Hyperinflation due to excessive issuance caused it to lose all value. 22. Chinese Yuan (Nationalist Era) Duration: 1912 – 1949 Reason for Failure: Hyperinflation during the Chinese Civil War led to its replacement by the Renminbi under the People’s Republic of China. 23. Mexican Peso (Old Series) Duration: 1821 – 1993 Reason for Failure: Chronic inflation and economic crises led to the re-denomination of the peso into the “nuevo peso” in 1993. 24. Brazilian Cruzeiro (Brazil) Duration: 1942 – 1986 Reason for Failure: Hyperinflation led to multiple replacements, eventually giving way to the Real in 1994. 25. Chilean Escudo (Chile) Duration: 1960 – 1975 Reason for Failure: High inflation prompted its replacement with the peso. 26. Cuban Peso (Old Series) Duration: 1857 – Present Reason for Failure: While it technically exists, its value collapsed due to economic isolation and mismanagement. 27. Polish Zloty (Old Series) Duration: 1924 – 1950 Reason for Failure: Replaced after World War II due to inflation and monetary reform. 28. Yugoslav Dinar (Yugoslavia) Duration: 1920 – 2003 Reason for Failure: Hyperinflation and the breakup of Yugoslavia rendered it worthless; replaced by multiple successor currencies. 29. Russian Ruble (Imperial) Duration: 1704 – 1917 Reason for Failure: Collapsed during the Russian Revolution and replaced by the Soviet Ruble. 30. Russian Ruble (Post-Soviet) Duration: 1991 – 1998 Reason for Failure: Hyperinflation after the fall of the Soviet Union led to the re-denomination of the ruble. 31. Venezuelan Bolívar (Pre-Sovereign Bolívar) Duration: 1879 – 2008 Reason for Failure: Hyperinflation led to multiple re-denominations, most recently the Bolívar Soberano. 32. Indonesian Rupiah (Old Series) Duration: 1945 – Present Reason for Failure: Severe inflation following independence led to multiple currency reforms. 33. Indian Rupee (British Raj) Duration: 1835 – 1947 Reason for Failure: Replaced by the modern Indian Rupee after independence. 34. Spanish Real (Spain) Duration: 1350 – 1868 Reason for Failure: Replaced by the Spanish Peseta as part of modern reforms. 35. Korean Won (Old Series) Duration: 1902 – 1953 Reason for Failure: The Korean War and inflation caused the introduction of a new won. 36. German Reichsmark (Germany) Duration: 1924 – 1948 Reason for Failure: Replaced after World War II by the Deutsche Mark during monetary reform. 37. Italian Florin (Italy) Duration: 1252 – 1861 Reason for Failure: Unified into the Italian Lira during the unification of Italy. 38. Finnish Markka (Finland) Duration: 1860 – 2002 Reason for Failure: Replaced by the euro in 2002 as part of the Eurozone. 39. Afghan Afghani (Old Series) Duration: 1925 – 2002 Reason for Failure: Political instability and inflation led to the issuance of a new Afghani. 40. Iraqi Dinar (Old Series) Duration: 1932 – 2003 Reason for Failure: Replaced after the U.S. invasion and economic restructuring. 41. Paraguayan Guarani (Old Series) Duration: 1944 – Present Reason for Failure: While technically still in circulation, its value has been eroded by inflation. 42. Egyptian Pound (Old Series) Duration: 1885 – Present Reason for Failure: Chronic inflation has severely diminished its purchasing power. 43. Thai Baht (Old Series) Duration: 1851 – Present Reason for Failure: Devaluations over time due to global economic crises. 44. Burmese Kyat (Myanmar) Duration: 1948 – Present Reason for Failure: Economic mismanagement has led to periodic collapses in value. 45. Cambodian Riel (Old Series) Duration: 1953 – 1975 Reason for Failure: Abandoned during the Khmer Rouge era; later reintroduced. 46. Haitian Gourde (Haiti) Duration: 1813 – Present Reason for Failure: Chronic mismanagement and inflation have eroded its value. 47. Lebanese Pound (Lebanon) Duration: 1924 – Present Reason for Failure: Severe inflation and banking crises have diminished its value. nostr:npub1lrj3lsskez59qu68v5fpnur7ythe7s5e4qcelclha6t6r9q5pqgsl2mzx2 48. South Sudanese Pound (South Sudan) Duration: 2011 – Present Reason for Failure: Economic instability and inflation since independence. 49. Turkish Lira (Old Series) Duration: 1923 – 2005 Reason for Failure: Replaced due to inflation and re-denomination to the New Turkish Lira. 50. Czechoslovak Koruna (Czechoslovakia) Duration: 1919 – 1993 Reason for Failure: Dissolved after the breakup into the Czech Republic and Slovakia. #fuckfiat #freedom #selfcustody #neversell