Guy’s Take #35 – The Next Domino…
We may have just seen the beginnings of central banks entering the Bitcoin game theory. The game is about to get real.
Bitcoin has suddenly broken onto the political stage with the announcement that the Iranian Central Bank is officially purchasing Bitcoin from its licensed miners in order to use it to increase imports and get around the destructive US sanctions. Don’t miss this Guy’s take where we dig into this major development and exactly what it could mean.
Now is the time to hold your own keys! Get a hardware wallet, look into multisig, and get yourself a non-custodial mobile wallet. Our sponsor has a great one to check out, that’s Hexa Wallet! A huge thanks to them for supporting Bitcoin Audible and keeping this show bringing the best in Bitcoin to your ears. Check them out at Hexawallet.io
Links to a few articles discussing this development:
https://elexonic.com/2020/10/30/bitcoin-miners-in-iran-have-a-new-buyer-the-central-bank/
https://www.trustnodes.com/2020/10/29/iran-changes-law-to-use-bitcoin-for-imports
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Read_455 – Bitcoin and the Rhythms of History [Brandon Quittem]
“Individuals can opt-out of their local currency by joining the Bitcoin life raft. Protect purchasing power, rather than go down with the sinking ship that is their state.” – Brandon Quittem
A fascinating journey through the concept of the Fourth Turning and analysis of the incredible times we live in. More will change in the next decade than in the previous 8 combined. We are entering a time where our old institutions are torn down and built anew. Do we devolve into collectivism and totalitarian rule? Or can we find a way to protect and fan the flames of individual liberty and sustain a prosperous future for the next generation. Listen to this excellent piece to find out!
Follow Brandon on Twitter if you haven’t yet! And check out his page, the many great graphics on the article, & all the other great writing available on his site: https://www.brandonquittem.com/
Thanks Hexa Wallet for supporting the Audible of the Bitcoin space! Making all the best in Bitcoin accessible to everyone! https://twitter.com/HexaWallet
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