The Wolf Of All Streets

Bitcoin’s Wild Ride: The World Is Quietly Adopting Crypto – Country by Country!

8 snips
Mar 13, 2025
Edan Yago, a Core Contributor at BitcoinOS, discusses the rising global adoption of Bitcoin as nations like Bolivia leverage it for energy imports amid dollar shortages. He sheds light on cryptocurrencies' impact on international relations and finance, including the significance of dollar-denominated stablecoins. Yago emphasizes the long-term advantages of holding Bitcoin over trading, while also navigating the current market's volatility and investment strategies. Tune in for insights on Bitcoin's evolving role in a transforming financial landscape!
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ANECDOTE

Bolivia Turns to Crypto

  • Bolivia is turning to cryptocurrency for energy imports due to dollar shortages.
  • This solution highlights crypto's utility in overcoming real-world economic challenges.
INSIGHT

Russia's Crypto Role

  • Russia, with its extensive mining operations and history of using crypto for international payments, is a potential partner for Bolivia.
  • This partnership could further Russia's move away from the US dollar.
INSIGHT

Shifting Global Order

  • The post-World War II international order, including dollar primacy, is weakening.
  • This creates a need for neutral transaction systems like crypto, especially given growing tensions between nations.
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