Bitcoin has arrived in the US!
And not through ETFs and 'institutional adoption'.
For years I bought Bitcoin as a speculative asset and a frictionless way to transfer value out of the USD and avoid it's inflationary tax.
But I never understood or cared about "Bitcoin". And when I admitted as much on r/bitcoin I was told that Bitcoin was not really for US citizens. I was in a stable country that didn't need Bitcoin. But imagine living in Africa dealing with 10% inflation and the reality of wanting to flee your country with a hard asset that couldn't be confiscated by your government. The Sudanese don't need anyone to explain Bitcoin to them.
Well. Here we are. You no longer need to explain Bitcoin to me.
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from Bitcoin - The Currency of the Internet https://ift.tt/VlHakyJ
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