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Bankless

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The Hidden Bitcoin Treasure and Crypto Nation States

This chapter explores the remarkable FBI recovery of $3.6 billion in Bitcoin linked to the Silk Road hack, focusing on the story of James Zong and his peculiar Bitcoin hiding methods. It also discusses the emergence of unique crypto projects like the Joseon nation-state and the implications of digital governance, alongside the behavior of investors in the crypto market compared to traditional finance. Additionally, the chapter examines the challenges and innovations within decentralized finance and the evolving landscape of cryptocurrency investments.

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