In 2003, Vietnam removed four zeros from its currency. Old notes (10,000 VND) became new notes (1 VND). The government simply "lopped off the zeros."
This post is a deep dive into what "LOP Gold Blog" culture actually represents, why the term haunts stackers, and whether you should be losing sleep over it. First, let’s kill the jargon. LOP stands for "Loss of Premium" or, more viscerally, "Law on Payment." But the historical definition comes from the Vietnamese Dong (VND) redomination of 2003 . lop gold blog
Now, here is the gold connection: People buy 1-tael and 10-tael gold bars (SJC bars) as a store of value. In 2003, Vietnam removed four zeros from its currency