Bitcoin and the Future of Capitalism

The IMF and the World Bank, which again are these institutions that the creditor nations use to impose their will and enrich themselves abroad is fiat currency. In Egypt, there's an Egyptian currency that is... A lot of these have closed capital accounts. So all of a sudden, let's think about a world where everybody uses the same currency. It starts to get much harder to justify paying people way less when it's all the same money.

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