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Ahead of this weeks AfroBitcoin conference in Ghana, Zimbabwe is still the country with the worst performing currency globally with a loss of 75% against the USD since Jan 1, 2022. Followed by Venezuela, Cuba and the Ghanaian cedi on Rank 4 with a depreciation of 57%.
The inflation dashboard shows a similar picture. Zimbabwe leads with an annual inflation of 400%. Ghana is on the 4th place as well with an annual inflation rate of 153%.
Inflation, corruption and authoritarianism go often hand in hand as laid out in my article Opposing the Corruptible Fiat System, Bitcoin Enforces Universal Human Rights.
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