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#1147 Matthew Ferranti | Harvard Says Bitcoin Is Sanctions Hedge
The Pomp Podcast
Are You Going to Buy Bitcoin and Putting in Your Central Bank Reserves?
El Salvador is one of two countries that hold Bitcoin, the other being Ukraine. The average price they paid for their Bitcoin is somewhere in the 30 to 40K range. But yeah, I mean, there is this interesting question of if you're going to buy Bitcoin, do you reveal it? In the paper, I also talked about like does maybe not revealing it also makes you a little bit more resilient to sanctions because the US Treasury can certainly add cryptocurrency wallets onto a sanctions list and that has force of law behind it.
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