i had perplexity explain "cinkciarze" as another possible inspiration for you:
—
Cinkciarze – The Original Peer-to-Peer Currency Market in Pre-90s Poland
Who were they?
• Cinkciarze (from the English “ching-ching” sound of coins) were underground currency traders in communist Poland (1940s-1989).
• They exchanged Polish złoty for US dollars, Deutsche marks, Swiss francs, and other hard currencies, helping people protect their wealth from government-controlled hyperinflation.
• The Polish state banned foreign currency exchange outside official banks, but cinkciarze offered a decentralized alternative—often more efficient than the state’s broken system.
How does this relate to Bitcoin?
• Bitcoin is the new cinkciarz—it allows people to store value outside government control, especially in economies with unstable currencies.
• Like Bitcoin, cinkciarze provided a peer-to-peer financial network where supply and demand determined the exchange rate, not central planners.
• The state tried to crack down on cinkciarze, just as some governments try to regulate or ban Bitcoin today. Yet, they thrived because people needed an alternative to bad money.
xtogro
npub1fz…wq6ch
2025-03-09 08:02:25
in reply to nevent1q…mhwz
Author Public Key
npub1fz6su3wp5py6kkaqa26rs8c28d4jr5y642s6af43utd0yl4a674suwq6chPublished at
2025-03-09 08:02:25Event JSON
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"content": "i had perplexity explain \"cinkciarze\" as another possible inspiration for you:\n\n—\nCinkciarze – The Original Peer-to-Peer Currency Market in Pre-90s Poland\n\nWho were they?\n\t•\tCinkciarze (from the English “ching-ching” sound of coins) were underground currency traders in communist Poland (1940s-1989).\n\t•\tThey exchanged Polish złoty for US dollars, Deutsche marks, Swiss francs, and other hard currencies, helping people protect their wealth from government-controlled hyperinflation.\n\t•\tThe Polish state banned foreign currency exchange outside official banks, but cinkciarze offered a decentralized alternative—often more efficient than the state’s broken system.\n\nHow does this relate to Bitcoin?\n\t•\tBitcoin is the new cinkciarz—it allows people to store value outside government control, especially in economies with unstable currencies.\n\t•\tLike Bitcoin, cinkciarze provided a peer-to-peer financial network where supply and demand determined the exchange rate, not central planners.\n\t•\tThe state tried to crack down on cinkciarze, just as some governments try to regulate or ban Bitcoin today. Yet, they thrived because people needed an alternative to bad money.",
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