Geopolitics Of Bitcoin and Reserve Currency Status - 6/25/20


Matters Coated In This Video:


Geopolitics Of Bitcoin and Reserve Currency Status - 6/25/20

- What's a 'international reserve foreign money'?

Asset that's most generally held by nations' in international alternate reserves

- Why has gold been a reserve plus for all historical past?

Fungible

Identifiable

Unattainable to counterfeit

Inventory to stream ratio

- Will Bitcoin ever substitute the US Greenback?

If the US government continues on it's path to foreign money collapse it might

US bank note can collapse, all the same US government will proceed to persist as long as they will acquire and spend capital

- Bitcoin on the politics stage

Advantages from having operated in obscurity

Some governments have held on to bitcoin confiscate from criminals, others have offered on the backside of the bear market.

Nations which were acknowledged to build up crypto:

Bulgaria, Russia, Venezuela, Iran, North Korea, China, iceland

Nations which have expressed opposition:

USA, India

Bitcoin Mining

Iran has 3% of worldwide hashpower. Venezuela confiscate hundreds of mining rigs

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This video is for academic functions solely.

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