Libya's central bank just announced another currency devaluation, cutting the dinar's value by 14.7%. What's notable? This marks the second major devaluation in less than twelve months. Repeated currency cuts like this typically signal broader economic pressures—inflation, foreign exchange shortages, or fiscal imbalances. For markets, it's a reminder of why investors often hedge exposure through hard assets and digital currencies when local fiat faces sustained pressure. The pattern here matters: when traditional monetary policy turns volatile, alternative store-of-value narratives gain traction.
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PessimisticLayer
· 7h ago
Here it comes again, this kind of thing happens twice a year😤. Completely losing trust in traditional currencies, no wonder everyone is rushing to BTC.
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FOMOSapien
· 19h ago
Another wave of devaluation, Libya really can't hold on anymore
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Twice a year? This pace is truly outrageous, no wonder people are flocking to crypto
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Fiat collapse, hard assets are in demand, old routine
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A 14.7% cut directly, ordinary people at the bottom have to tighten their belts again
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Traditional monetary policy is failing, this is the very reason btc exists
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Libya is giving us a lesson, pay close attention
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Precursor to the shitcoin crisis, always the same routine
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The devaluation wave is coming, those still clinging to fiat need to reflect
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The problem isn't with the central bank, the problem is the entire economic system has collapsed
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Two devaluations within a year, how rotten does a country have to be to do this
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ApeEscapeArtist
· 23h ago
Here we go again... Libya's hand really sucks this time. They haven't even recovered from the second devaluation yet.
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When fiat collapses, it's time to jump in. This wave, I should have already bet on hard assets and coins.
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That's why I will never touch those trash native currencies, it's too risky.
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14.7%? Twice a year? Incredible. How bad must the fundamentals be to play like this?
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So, as I always say, whenever traditional finance encounters trouble, we should think of our side. Cryptocurrency is the real way.
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SellLowExpert
· 01-18 18:07
Here it comes again, twice a year devaluation. This libc is really hopeless.
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Everyone says to stock up on Bitcoin, but traditional currencies are just like this.
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14.7%? Might as well just wipe it out completely.
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We need to run now, the countdown to fiat currency death has begun.
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Hard assets are the way to go. Who still plays with that stuff?
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Devaluation every day, I should have just gone all in on digital currencies.
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Is a bank run coming...
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This is why you should hold on-chain assets, everyone.
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Lol, another country's central bank is messing up.
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CryptoMotivator
· 01-18 18:06
Another round of devaluation, Libya really can't afford to play anymore... That's why you need to hold BTC.
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ser_we_are_ngmi
· 01-18 18:06
Here we go again, the Central Bank of Libya really has it figured out... devaluing twice a year, such a rhythm...
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ChainDetective
· 01-18 18:06
Libya has devalued again, how desperate must that be...
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The second time, twice within a year, fiat really has no hope left.
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So that's why you need to stock up on hard assets and wait for traditional finance to screw itself over.
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Decreased by 14.7%, this pace feels off, it probably will continue to fall later.
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A real-life textbook, still can't see why some digital currencies are needed.
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Devalued twice in a year, is the central bank putting on a comedy show?
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FastLeaver
· 01-18 18:05
Another devaluation. Is Libya about to completely abandon fiat?
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GasFeeTears
· 01-18 18:04
Here we go again, two significant devaluations within a year... Is this a game?
Libya's central bank just announced another currency devaluation, cutting the dinar's value by 14.7%. What's notable? This marks the second major devaluation in less than twelve months. Repeated currency cuts like this typically signal broader economic pressures—inflation, foreign exchange shortages, or fiscal imbalances. For markets, it's a reminder of why investors often hedge exposure through hard assets and digital currencies when local fiat faces sustained pressure. The pattern here matters: when traditional monetary policy turns volatile, alternative store-of-value narratives gain traction.