Children play with money

Children play with money in the period of hyperinflation. Germany, 1922
Like many other participants in the war, Germany canceled the exchange of paper banknotes for gold and sharply increased the money supply (5 times during the war). Naturally, inflation began.
By the middle of 1922, prices had increased 40 times, and a year later – by 90 (compared to 1919). But it was just the beginning. The government continued to issue money and inflation accelerated sharply. From July to November, the money supply increased 132,000 times, and prices increased 854,000 times. By the end of November 1923, one trillion marks were given for one dollar, a loaf of bread was worth 430 billion marks. The government printed money, issued more and more denominations, but prices grew faster. The middle class was impoverished, speculators grew richer, and the calculations took place in dollars (the value of the dollars in circulation in Germany was more than the total value of the stamps issued).


Satoshi logo

Reddit users made a flash mob and offered more than 50 options for Satoshi logo It all started with the fact that the user with the nickname BMore_original laid out the icon of the letter S, which children constantly drew in the 90s (third row from the left). He explained: “The real symbol of Satoshi, […]


“Blockchain, but not Bitcoin” is an erroneous slogan

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Children play with money

Children play with money in the period of hyperinflation. Germany, 1922 Like many other participants in the war, Germany canceled the exchange of paper banknotes for gold and sharply increased the money supply (5 times during the war). Naturally, inflation began. By the middle of 1922, prices had increased 40 times, and a year later […]


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In February 2019, the income of miners was 195 million dollars, and a month earlier this figure exceeded 210 million dollars. And this is not to mention the record high in December 2017, when the total income from mining reached 951 million dollars. To stay afloat, miners had to go to drastic measures. Someone transferred […]


Fool always knows how to scold

There is not a single billionaire in the world who has made a fortune to criticize others. And a lot of successful people who spat on scolding and doing their job. That’s all you need to know about critics. The fool always knows how to scold, the clever will tell you how to do it […]


Electroneum smartphone with integrated cloud mining

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