# 7.5 Million in Bitcoins buried in landfill

**URL:** <https://boards.straightdope.com/t/7-5-million-in-bitcoins-buried-in-landfill/675941>\
**Category:** Miscellaneous and Personal Stuff I Must Share\
**Created:** [December 10, 2013, 1:39am UTC](https://boards.straightdope.com/t/7-5-million-in-bitcoins-buried-in-landfill/675941 "2013-12-10T01:39:53Z")\
**Posts on this page:** 1\
**Showing post:** 93

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**Author:** ![Shalmanese](https://avatars.discourse-cdn.com/v4/letter/s/45deac/32.png) [@Shalmanese](https://boards.straightdope.com/u/Shalmanese)\
**Post date:** [January 20, 2025, 7:00am UTC](https://boards.straightdope.com/t/7-5-million-in-bitcoins-buried-in-landfill/675941/93 "2025-01-20T07:00:13Z")

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> **[Devaluation](https://en.wikipedia.org/wiki/Devaluation)**
>
> In macroeconomics and modern monetary policy, a devaluation is an official lowering of the value of a country's currency within a fixed exchange-rate system, in which a monetary authority formally sets a lower exchange rate of the national currency in relation to a foreign reference currency or currency basket. The opposite of devaluation, a change in the exchange rate making the domestic currency more expensive, is called a revaluation. A monetary authority (e.g., a central bank) maintains a fix...

> [@Chronos](#):
>
> “Devalue” doesn’t mean “decrease the value of”?

> a decrease in a currency’s value relative to other major currency benchmarks is instead called _[depreciation](https://en.wikipedia.org/wiki/Depreciation_(currency))_ ; likewise, an increase in the currency’s value is called _[appreciation](https://en.wikipedia.org/wiki/Currency_appreciation_and_depreciation)_ .

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