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Why not move to Turkey and live off credit cards debt? The inflation rate is 100% the max credit card interest rate is 19.5%. With a bitcoin savings account this seems like a nice life

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The turkish have a law of their max credit card rate. currently the Monthly Maximum Contractual Interest Rates on Credit Card Transactions is 1.63 which equals 19.5% APR

It seems like everything you buy in Turkey is 80% off due to this one simple trick of putting it on a credit card and waiting for inflation to do its thing. Also the turkish government wants to lower interest rates. Meaning as inflations grows worse the discount will get even better. I'd expect everything to be 99% cheaper in the future as inflation gets worse. Of course most turkish citizens dont benefit becuase they save in fiat, but a bitcoin saver can live like a king

submitted by /u/hyperinflationUSA
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