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BTC071: How Fiat Blinds Bitcoin's Importance w/ Alex Gladstein (Bitcoin Podcast)

Mar 30, 2022
In this engaging discussion, Alex Gladstein, Chief Strategy Officer at the Human Rights Foundation, explores Bitcoin's profound humanitarian implications. He reveals how financial privilege can obscure the true impact of Bitcoin, particularly in contexts like El Salvador. Gladstein also shares insights from his new book and reflects on the cypherpunk movement's significance in Bitcoin's origins. The conversation highlights Bitcoin’s potential as a tool for empowerment in oppressive regimes and its transformative role in the global financial landscape.
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ANECDOTE

Canada Trucker Convoy

  • The Canadian government froze protestors' bank accounts after a Bitcoin fundraiser.
  • This highlighted Bitcoin's potential as a protest tool, even with flawed execution.
INSIGHT

Freezing Russian Reserves

  • The West freezing Russia's central bank reserves is a pivotal moment in monetary history.
  • It emphasizes the distinction between inside and outside money, prompting nations to diversify from USD.
INSIGHT

El Salvador vs. Honduras

  • El Salvador's Bitcoin adoption is exceptional because they chose Bitcoin over a CBDC.
  • This highlights the difference between a monetary system of freedom versus one of control.
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