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#642 Bitcoin and Human Rights with Alex Gladstein

The Pomp Podcast

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Afghanistan - What's the Impact of a Western Union Decision?

Four percent of the g d p comes from remittances. The central bank has been closed off in afghanistan, right? So the flow of dollars that props up the afghani, the local currency, has also been closed. And you know, what's going to happen is quite predictable. I mean, the currency e is going to get weaker. It's going to devalue. Prices are going to go up for goods. But bicoin fixes this quite literally.

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