Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Back down to 66K, they must converted it to fiat currency right now
Back up to 72K the next day lol
That’s the rest of the gulf moving money
Yep. People are realizing the benefits of bitcoin: it's a bearer asset that can't be seized or turned off; you can walk across a border with 12 words memorized in your head and your wealth intact.
Unless the value drops by 50%? And how are you going to cash out of the bitcoin to pay for what you need without a bank account in the country where you are located?
Dollars or gold would make a lot more sense.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Back down to 66K, they must converted it to fiat currency right now
Back up to 72K the next day lol
That’s the rest of the gulf moving money
Yep. People are realizing the benefits of bitcoin: it's a bearer asset that can't be seized or turned off; you can walk across a border with 12 words memorized in your head and your wealth intact.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Back down to 66K, they must converted it to fiat currency right now
Back up to 72K the next day lol
That’s the rest of the gulf moving money
Yep. People are realizing the benefits of bitcoin: it's a bearer asset that can't be seized or turned off; you can walk across a border with 12 words memorized in your head and your wealth intact.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Back down to 66K, they must converted it to fiat currency right now
Back up to 72K the next day lol
That’s the rest of the gulf moving money
Anonymous wrote:Anonymous wrote:Anonymous wrote:Back down to 66K, they must converted it to fiat currency right now
Back up to 72K the next day lol
That’s the rest of the gulf moving money
Anonymous wrote:Anonymous wrote:Back down to 66K, they must converted it to fiat currency right now
Back up to 72K the next day lol
Anonymous wrote:Back down to 66K, they must converted it to fiat currency right now
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:And now you see what BTC is good for as millions of Iranians move their life savings out of a collapsing country. To the moon’
Oh yeah how does that work in a place with no connections to the internet? And the vast majority of Iranians have no life savings.
And this is still what they are actually using it for (from NY Times piece a week ago):
"People in Iran had gained access to more than 1,500 accounts on the Binance platform over the previous year. About $1.7 billion had flowed from two Binance accounts to Iranian entities with links to terrorist groups, a possible violation of global sanctions. "
Well, it's a good thing that those Binance folks are in prison. Right?
Anonymous wrote:Anonymous wrote:Anonymous wrote:And now you see what BTC is good for as millions of Iranians move their life savings out of a collapsing country. To the moon’
Oh yeah how does that work in a place with no connections to the internet? And the vast majority of Iranians have no life savings.
And this is still what they are actually using it for (from NY Times piece a week ago):
"People in Iran had gained access to more than 1,500 accounts on the Binance platform over the previous year. About $1.7 billion had flowed from two Binance accounts to Iranian entities with links to terrorist groups, a possible violation of global sanctions. "
Anonymous wrote:Anonymous wrote:And now you see what BTC is good for as millions of Iranians move their life savings out of a collapsing country. To the moon’
Oh yeah how does that work in a place with no connections to the internet? And the vast majority of Iranians have no life savings.