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tv   Cryptocurrencies  Deutsche Welle  February 6, 2024 2:15am-3:00am CET

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just as doc for looking at the uses and risk of crypto currency, you could also find much more news on a website that is d w dot com. i'm reading the bahamas. thanks for watching. i'll see you soon by the ice cold. jessica new an expedition ventures on 2 places that no one has the climate research in the ice, the dogs march, 3rd on dw, the the if somebody's freedom, it's somebody of liberty. it's somebody is silent,
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protest the it has been hijacked, a large part by opportunist. con artists. right? scammers, the big point can be money the way gold is. but that doesn't mean big corners occurring. senior hold. the ticket phase of society is worse often every regard. if we haven't used the speculative bit claim level as that it would be if the whole craze past the on the north pacific and central america lies the small town of arizona,
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the salvador, the waves draw surfers from around the world. but these picture perfect moments only capture one reality home to 3000 residents, as on the day is one of the poorest places in the country. but it's the street food is famous. the national dish is called for post up there, sold on nearly every street corner for just a couple us dollars. the money? yeah, i gave a accepts the virtual money as payment via smartphone app. customers can pay with bitcoin, the world's oldest crypto currency, the voice, the level yet anyhow, both of them. yeah. but it was a little blurry to accept payment in between because it's a virtual currency that's not widely known. awesome. but it's been 2 years separate of the team and i'm still taking bitcoin sign, your schedule as the, the,
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bickley. at 1st, the decision paid off for money, arguing the value of bitcoin shot up to $60000.00. but then, within just a few months, it lost more than 2 thirds of its worth. now money and some $50.00 fellow retailers can only hope the trend reverses the big coin can theoretically be exchanged for dollars or euro's at any time. in fact, holding onto this virtual currency, rather than exchanging it can be a significant gamble. because the crypto market is highly volatile. short term fluctuations happen frequently where its value will dip or search more than 10 percent. the, it's a risk. some retailer is in arizona. they are willing to take, they pay and do business in bitcoin,
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but they don't exchange their crypto assets into dollars, hoping that its value will rise. money again, it is one of them. but at the end of 2022 things weren't looking so good. if it'd be the federal way, i said masters, but i hope to recover them soon. better luck. yeah, yep. it'd be since then, the value of bitcoin did rise again. welcome news. not only for money. a social bitcoin project in its own thing is financed through crypto donations. the project is geared towards preventing young people from turning to crime. gangs and murder are a feared part of everyday life and that was on hope house gives young people in the community, the resources to get a better start in life. the charitable initiative offers educational courses recreational activities and job opportunities, the doses, and the really this is yet to them. in the seo tool. in 20172018. many people had
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to suspend their support for this project and due to various difficulties to sort of the same time i got the ring and you coverage from one to to help. but it's on us only. they use good comments on the between the identity of the donor who offered funding to hold a balance, weigh a lot, remains a big mystery. all that's known is that the person was based in the us. even the initiator of the non profit bitcoin beach and el salvador says he doesn't know who was behind the donation. i mean, it was a 6 a year. so i'm over over a number of years that wasn't injected into the community and in dollar terms. and so it was, you know, definitely something that was substantial. the donor was looking for was not just to give bit cline to a project where they would, you know, convert it to dollars, which is what most non profits would want to do. that's the easiest thing to do, but they were looking for projects that were willing to use bit clients in
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a transactional way. and they believed that bitcoin being used would actually be more important than the monetary value of it. it's been more than 3 years since the project got underway. those involved say there's been less crime plus many residents are now living with sturdy or roofs over their heads. today, not those dollars that helped fund the new construction with bitcoin on behalf of multiple donors. but now the families need to pay off their loans and bid calling to see is concrete. so 122 safe and stable homes in place of flimsier 10 root houses for 100. 22 families. not an insignificant number considering as its own pay only has a population of 3000. the community members don't only mix concrete. they also
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learn how to pay them bitcoin via their smartphones. they don't have bank accounts, they don't have access to any financial system here. any financial program, they don't have access to loans, they don't have access to insurance, they don't have access to anything, right? so you would have been impossible for them to get a home like this. and santee is considered a test case for the future of money. no matter ones capital. everyone here rich or poor, can conduct business within a decentralized system. no dollars, no banks, no bank notes, the is bitcoin a better and the more ethical type of money kind of replace standard currencies coded help alleviate the pressure on the world's poorest populations. there are
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many influencers and advocates who back bitcoin are they doing so in the name of economic justice and despise it. for some reason the police are doing it because they're trying to make the world a better place. don't they truly believe that bitcoin is good for people? different honestly, i understand that argument. there are many legitimate reasons why bitcoin can be positives, always pulls the teeth. find con the frankfurt is europe's banking capital. here the development of crypto currencies isn't perceived as positively the european central bank for e. c. b is especially critical of bitcoin. the, at the end of 2020 to the e. c. be published a blog post of land lasting bitcoin. it was regarded as something of
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a declaration of war. the authors classified bitcoin not as an innovation, but as a speculative bubble, and wrote that bitcoin is taking its last stand, while investors stubbornly hang on. one of the authors is one of these been side. you can say stuff this indeed if we have a new suspect to it's a bit clean bumper which but society is worse off than if the whole craze pass. so by feel for the be the idea of creating money without its oversight is simply on thinkable. it alone has the right to print the cash it deems as a series that opposes circumventing banks to transfer money. because that weakens the role of banks with its independence and global reach. bitcoin is a nightmare for authorities, especially considering the speculation on its increase in value. it's calling i saw known smith. so big calling is not suited as a means of payment because it's of all use highly unstable and
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a means of payment should not double as a speculative investment, investment time. both these factors come together here that people are being moved with a positive narrative, that the price of big coins still continue to rise and provide the whole cadence or every bitcoin transaction is stored as a code on what's called a block chain. what's unique is that the entire block chain is stored identical you on a network of thousands of computers. this is what makes bitcoin a decentralized currency outside the control of the c, b, or other banks. the big coin was created in 2008 and outline in this paper, authored by so toshi not gemalto. the author's real identity is on.
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no. it's not even clear if there was just one person behind bitcoin or several people. the 1st bitcoin costs just 0.060 cents. in 2021. bit coins worth shot up to over 58000 bureaus. a 5 cent investment early on. what are the gold about $5000000.00 euro so 11 years later, at least briefly, the total amount of bit coins will be kept at around $21000000.00. it's stipulated in the source code that there won't be any more beyond that. which is why many people believe scarcity will drive the price up while leaders at the european central bank regard, bitcoin as highly speculative researchers at the nearby frankfurt school of finance and management to take a very different stance. the new way to help inside that you said you all bye to just because mr. vince i it works for the
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european central bank doesn't automatically mean he's right. that's the only time will tell if he shouldn't be cool. i honestly find it rather puzzling that the c b as opted to run a p r campaign against been going on. in my view, this big corner is not necessarily an enemy of the euro deep notice. valuables is the researchers don't regard bitcoin as a traditional means of payment. they see it as more of an investment, similar to investing in gold, hoping that its value will increase over time. the researchers don't fully bitcoin will function as money on a global scale. see how many videos are relatively high volatility with been going at 51 day. the price is through the real life and walk the next. it takes a nose dive move. it's impossible to establish prices that way. $15.00 plus it's not accepted widely unless if you to be in it, when you dine out a few, your car, you can pay in your own anywhere. people i hang with big point is rarely an option . fos newtons. but a recent development could work and criptos favor. one of the main objectives of
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the european central bank is to prevent high inflation. and lately it hasn't been succeeding. everything is becoming more expensive. the value of money is falling into something down and get this stretches on year after year. so you will see that certain groups in society will face considerable challenges as costs will go up and well, wages for example, don't side side is low, but you know, i think the importance of bitcoin will grow during the same period. item gives to food him and con, very few bits. this is in europe except a bit going. critics say crypto currency enable cyber crime. the buying goods and services in the main stream economy is, is very difficult using the crypto currency. and so the, the main use case for purchasing goods and services using crypto currency is
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illegal activity for the most part. so whether it is something like ransomware, uh, or, you know, buying drugs. uh, you know, maybe you want a higher hit man then. yeah, bitcoin is fantastic for that purpose. that's one reason why most of lawmakers don't want to see free trade happening and crypto currencies at all. the large regulated crypto exchanges are meant to oversee bitcoin transactions, thereby deterring criminals. customers identities must be verified before they can buy bitcoin and profits can be taxed. customers receive an account known as a wallet. if they exchange euro's forbid coin, for example, those assets end up and their wallet, you know, on top of stocks into this is the point where the state has excess space. indeed, where my deposit in euro's into the crypto exchange rate, some point which wallet or the euro is coming out of ok. and if the state has the ceiling, there's a fraudster in the mix. they can approach the crypto exchange and say,
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when do you crypto exchange you the group? does mr. x or ms. white own good coins? if they don't, if so please share their wallet details on this one, we need to see what's going on with what's called los angeles in california. defying norms is the norm. many here love crypto currency because it aligns with their politics. freedom and independence from the state are core bitcoin values. it plays on contrast outside or is versus the establishment rich versus poor, new versus old. a. bank stocks were double the scales, not just in the us. any dramas is too crazy. things happening to last night. here's what you need to know. one of inclusion, vol. justin f o m c update boxing and bitcoin have a lot in common, at least according to one of the world's most successful crypto influencers. they're both charged with symbolism. to go your own way,
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you'll have to fight for it. about the underdogs and having control of your actions using critical thinking changes coming. but this romantic idea of a crypto utopia is unraveling. in 2020, to several crypto absent exchanges plunged users into financial ruin. the biggest scandal of all was the bankruptcy of f t. x. the crypto exchange founded by sam bank meant freed. he was accused of stealing billions from customers. in november 2023, a new york court convicted him. he was found guilty on 7 counts of fraud and conspiracy . not just counting, sam, he did absolutely terrible things, very, very bad things. he lied, he sold you practice and other and that the cold behaviors. but at the same time, we have bad actors in every single industry. and we're going to continue to have bad actors and crypto. it's unfortunately human nature, but just split into single him out and not pay attention to what some of the other
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bankers and what the other public servants are doing. would be the service to the american people and people in general on the world. before being convicted. bank, i'm in freed, lived here with his parents on a bail bond of $250000000.00 us dollars. his situation, not unlike those faced and major bank failures, that collapse is like so many other financial institution collapses that we've seen over the years. right? you have effectively an entity that is heavily reliant on, on leverage, which is placing big beds. uh, and then covering over those pets with, with more bets. and anytime you have an institution, which is, is that finance that they're going to run into some trouble in the us unregulated crypto exchanges? long dominated the market know, authority felt responsible for crypto currency such as bitcoin or the number 2
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crypto currency. a theory, m. c, in each condom gives you, asked me you when you have around 8000000 holders of bitcoin into seeing him in germany. and there are only funds, i'm saying that in quotes $20000.00 f t x victims. i think this shows that regulation has had a positive effect here who these been, i would argue, regulation is necessary and long overdue in america to prevent further damage to our shop. an inch deep, positive effect here, the regulation is necessary and to prevent further damage. total shot and inch deep tend to make big money with bitcoin lately, i'd say it comes down to speculative investments and bring holders and vision to do with rising. and so that asset class year class that you can invest in plastic future if you end up and of course and from me it's useful for fulfilling your human transaction. it looks like you're contacting,
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that's the sign. he's entitled his opinion. however, it's done pretty well with the coin with trade using a to transact. and i haven't had anybody really tell me what to do with that. so i'm not, i'm sorry, he feels that way. but if it's of america banking system and all this in the traditional investments we have, they're really doing too great either their parents, he's out there. they're on the crypto exchange is not countless of score providers . ad on social media, the 3 is a shark tank. it is part by the best, right? scammers, i know best amounts of money in these markets. it's a plastic kind of bubble now. right. really made that sits underneath it $350.00 in the us. you dangers are now obliged to
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formation, as they would need to win a bank account of crypto promised effect . recreated kind of crypto currencies that don't, don't realize similar to the think they have fled wendy . definitely a bank that crypto exchanges. she technically advanced rout of trading person to person, known as peer to peer. when you're a 3rd party exchange like a yeah, man i a party are holding your crypto courtesy of that it can lose your money. for most people,
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learning the jargon and on consuming crypt far simpler option, but only trusts herself and the original conception per board and her own wallet there's that's monitoring you that's. that's taking your information and, and calling it to somebody else between doesn't do that. these for parties, they deal with unity, a big coin users, then banks for the 3 system should be regulated. the traditional banking system is out of the question are that's what i like to call them. they're very expensive pieces of paper degree. they come from really great families or the regular human beings. they know more than us. if you
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if you want to rent, if you do get an education, if you want to whatever that may be, you have to have a bank account. but people like wendy. oh, try to ship away their power and destroy their business. like, just outside paris is home to banks in the country. so it's flow into the crypto business is already far greater than many users can imagine. reason, occasion a highly integrated as a be called forge. see, you're heading a small team, leading the most ambitious projects in the realm of crypto people were entering a new era of financial markets and money. and when they were, the goal, really profound change when it comes to block change, listening to how financial services are supplied to the customer. if it went to the
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services that the fund ocean is on the horizon. so it's a, has long been working to say this revolution. it's these offer wallets and the leading crypto traitors the wants to make big money. by leveraging block chain crypto traitors, the french bank wants to make big money by leveraging block chain technology for equity trades that have well, no security, no sale, you know. so please find actual institutions or companies will only issue shares or bonds. digital ideas from the only exist in digital form on the block chain. so for me and that's what interests our customers, is the ability to be faster. it's safer and a cheaper and predict joyce a more show in the future, selling shares wouldn't be limited to the stock exchange. instead,
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they would be programmed on a block chain and traded from there. in the business world, these are known as smart contracts and powerful financial players had embrace to this new business model. the new york is home to the largest stock exchange in the world. this is where big deals are struck. until now, the field was clearly divided banks, brokers and hedge fund traders speculated in pretty much anything that could turn a profit crypto currencies are sold outside of wall street's purview. but in early 2024 us authorities allowed a bit coined epps to be traded on the stock exchange for the 1st time. now if you told me you owned all the best point in the world and you offer to tell me for
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$25.00, i wouldn't take it because why would i there was a i have to sell it back to you one way or another. i mean, maybe i'm disabled, but it isn't going to do anything. the apartments are going to produce roll, and the farms are going to produce the stock market tycoon warren buffett doesn't see any intrinsic value in bitcoin. so why should he speculate on it? ultimately it's a series of numbers that offers no immediate benefit. many traditional financial managers, not only in new york, see this as it's biggest shortcoming. but that attitude is gradually changing. jordy, vis, or is the president of a hedge fund that managers over $4000000000.00. he sees himself as a pioneer and is very interested in bitcoin and other crypto currencies.
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no one, no one can argue with the fact that the concept of the block chain. this is a great idea as a technology, whether we're able to use it in the manner that we hope is an argument that people can debate. but i think it's certainly going to be here and i think it's something that we need. so i see it as the birthplace of innovation, which is going to help us get more authenticity to a world that has values on assets that are really hard to prove that they're worth . what they are. many of jordy visitors colleagues advise against investing and bitcoin because of the dramatic fluctuations and its value. but surprisingly, evaluations made by his financial advisors tell a different story. because volatility is been declining last year when people talk about the volatility of the quinn. i forget the final numbers, but us technology stocks were down almost as much. amazon was down almost as much as bit point last year. so what's the difference between people having a large weight and amazon that was down significantly ends in big coined?
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i think we've gotten to the point where the volatility has been declining for years . it will continue to decline as a becomes a more accepted asset class. in 2022 bit coins value dropped 60 percent to around 15500 euro's in the same timeframe. amazon was down 47 percent of the dow jones industrial average and index of 30 major companies in the u. s. was down 9 percent in 2023. the coins value recovered and fluctuated between 20 and 30000 bureaus. leading experts from the world's financial hubs, at least degree on one thing. the technology behind a bit coined is in genius. and it's well on its way to becoming an investment that generates a return bitcoin is very much like gold
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and, and what that, what i mean by that is that it's a terrible medium of exchange. but it's a wonderful store of value. and i do think that will continue to see bitcoin. the plattsburgh is a small city in new york, close to the canadian border. the 20000 residents harsh winters and no major tourist attractions. unless you count this building, a former discount retailer in 2018, it became one of the largest bitcoin mining operations in the world. big cooling is still mind here today. the somewhat rundown building houses thousands of computers all day. their sole purpose is to figure out coats. ideally, every 10 minutes. each block they crack is worth $6.00 bitcoin.
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the validating each block is so complex that a single computer would take a very long time. so countless companies set up thousands of computers to increase their odds. it's an ongoing race. whoever cracks the code, the fastest gets the reward. in 2018 miners were generating $1800.00 bit coins per day. but the problem is, all these computers constantly, mining, bitcoin, consume massive amounts of electricity. that's the assisted con price. when the price of that claim was higher, and it was estimated that as an electricity consumption world wide, ready to buy, was equivalent to that of the netherland mas. i move from the end in times of climate change and energy scarcity. a simply not good for the thing that's value to society is unclear. that is because it's still valid for the environment. it is so dangerous. well, so it's printing money. so is driving a car. so is the lighting here? so is you and i breathing existing?
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yes. between those leave anybody carbon footprint, but so do a lot of these other things. is the environmental impact of bitcoin, mining overblown. or is it a serious concern? plattsburgh can provide some answers on a global scale electricity here is extremely cheap. it comes from a hydro electric power plant on the niagara river. that's what attracted the company coined meant to set up it's huge mining operation in the 1st place. the new company promised jobs and a boost in tax revenue. but gradually, people learned the reality of the businesses impact was very different. so basically it's all about considers. so i know of, i don't like it, it's an ugly place. i can't go in there and shop. they use a lot of electricity. it has raised our, the price and electric,
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and they didn't say that's the reason, but it's the talk. and also it has caused the family dollar here used to be over there. and they went a whole winter without heat because of the operation in the back. that always had the door open because the machines working with a bit queen, you know, they have to constantly run to do the crypto currency. around the time coin meant setup shop calling re became mayor of plattsburg. he teaches about banking and sustainability at the state university. he was appalled to learn that on sundays this building consumed one 3rd of all the electricity in his city of 20000 residents. these machines run 15023000 watts, very similar to a space heater. turn the same amount of heat to control that heat if you have, you know, 3 to 10000 machines like that and in this room you need, they're drawing a bunch of, uh, of cold air and expel
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a bunch of hot air. so any big coined mine operates and have a lot of holes in the wall on a holes in the, in the roof. fans everywhere in the summer time generate a lot of noise because those fountains need really to run continuously when the weather is fine. the big coin mining operation proved to be a massive disruption for the residents of plattsburg. the chief power supply generated from the niagara river was not enough. the price of electricity suddenly shut out for local companies like this paper, mill production became untenable. call and read, then forced the bitcoin mining firm to pay for the extra electricity on its own. the company responded with a p r campaign. i've seen the many pictures from some very sophisticated with a hundreds of millions of dollars of wall street venture capital money behind them . now you know, the, the italian shoes and suits and all that kind stuff. they've got
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a trade association that helps them uh, do the talking points when they go into communities. after all, there is a norm is potential in the business calling read, calculated that the puerto rico based company earned up to $50000000.00 a month at the start of its operation. plattsburgh, a lower income city, didn't see a dime the sort of the making tens of millions of dollars a profit every month. surely there's going to be lots of flow back into the community. but these are profits in bitcoin that can be essentially cashed in anywhere. there's no reason to believe in for any reason that this money will stay in the community. in the end, plattsburgh did not break in the promised tax dollars,
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nor were jobs created. instead for a time, residents were saddled with expensive electricity bills. meanwhile, the bitcoin mining firm moved many of its computers to the next town where electricity costs were lower. common read is no longer mayor of plattsburgh. he wrote a book about crypto currencies. he was initially excited about block chain technology, but he's been disillusioned to look at who controls the wealth of bitcoin is large. corporations is multi millionaires. billionaires has venture capital is wall street, the complete entities, the big coin as a toshi, where designed to take kind of the equation now dominate the market. large companies are involved wherever digital money is replacing cash. u. s. companies especially are at the forefront with google pay, apple pay and paypal. the european monetary authorities are facing pressure on 2 sides from big coins and from large private us base companies. that's why the
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european central bank is turning its attention to developing the digital euro. the thing that ticket tyler, oil home, we think additional, you must also be there to continue to limit the market power of these global companies on the package. just as it works with cash on we need to ensure the strategic independence. so if you were to over position so the c b also wants to get into the business of digital money. the digital euro, however, would be very different from the decentralized bitcoin. that's because they are radically, every transaction, bye citizens could be monitored by the be the only reason why they want to use watching technology only was a why they want to create the cdc is they want to monitor people. they want to have control. they want to implement credit scores, they want people to do exactly what they are told and still fear that if you don't do what i say, i'm going to have access to your money that i don't have that guy come into associates who comes with. yeah. and we have no interest in controlling people. so
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design and designing the digital you, i mean, want to make it so that we don't receive personal data in the euro assistance team because instead of anonymous transactions in our books, it soon, we don't want to know who has a particular account to a volume of who is that person is just going to have fun with as long as there's deep mistrust on both sides, banks and states. fear that a decentralized currency without state supervision will lead to crime and the chaos bitcoin users believe. the state and banks want control the you believe in courts and laws, then you shouldn't be too worried about or this potential visibility. if you're have little face since the courts and laws then yeah, perhaps this would be something to be worried about as on
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today, has had the nickname bitcoin beach for a while now. but actually, all of el salvador has become something of a test case for bitcoin. the tier human rights are not guaranteed, and the judiciary has very little power. in 2021, it became the 1st country to recognize bitcoin as legal, tender. a move spearheaded by populist president, now you boot kelly. this was this unique opportunity for them. they saw this is, wow, how else can we literally overnight and have el salvador known throughout the world be and all these articles have people change the narrative that even if people are speaking negative, they're talking about the money in the tax rather than the gains in the murder, the beginning of the big coin, era, and el salvador was celebrated with great fanfare. thousands of crypto enthusiasts cheered on their rock star leader. now you book a projected himself as
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a cross between a baseball cap wearing wrapper and a savior. and he made his stands on bitcoin clear. so he's just not a good a good, a cool and nice idea. is there but illusion of human kind. so we're going there. you can stop evolution. this evolution was heavily promoted in el salvador. every citizen who downloaded chico the state run bitcoin wallet app received $30.00 worth of bitcoin as a gift. a controversial means of winning people over the phone and it'd be punched on for like maybe he understood bitcoin and stuff. maybe he's crazy. like maybe he's running an experiment like we just don't know. and under this line, he could have been any country to live on. honestly, for me, it's not relevant that it's el salvador. i'm so slow. and what's important is that a country somewhere in the world to dare to take this step taught. and i'm fairly
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certain that other countries will follow even if it takes a few more years. and so finally get off at the ones with the reality is there are only a few stores and el salvador is capital that actually accept bitcoin, especially after its value dropped at the end of 2022. most people use the dollar plus tax and $1.00 pay ended cons. no, no, no, to the new hard. i never tried everything from the audi, not at the moment, but no ones come to explain how it works. less the most. i mean, they knew that unfortunately my children's school fee, or my sons university, doesn't accept payments and bitcoin. i will, i mean, according to a survey, 70 percent of el salvador is population. this trust the new legal tender many businesses that accepted bit coined immediately exchange for dollars. but the big cohen community abroad remains into the aspect. i absolutely love what he's doing,
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cuz i'm making big queen legal tundra. he's essentially taking power back for his country and telling everybody else in the world. this is what we're doing and i'm trying to improve the quality of life of my people the best way i can. in reality, lou can a wants to make his country independent from the influence of foreign institutions like the international monetary fund. if salvador ends by bitcoin, without the state run cheapo app, their assets would be safe from their own governments influence just anyone's mindful of, you know, the imagine we live in a country with one stable institution, sontols and i have 5000 currency units in my account and i don't want necessarily in europe, dr. phil mistake doesn't like it to come to me just go, so what does it do that can mean it could potentially take the money away from it? in other words, the kind of expropriation or confiscation as possible. if the value is determined from the outside and for a state or a banking system or government or a central bank on the pin card, but it's not possible with bit going to be coined,
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which book is used. el salvador has become a place of pilgrimage for bitcoin believers. there are even plans to build a bitcoin city traders, crypto miners, and entrepreneurs with live and work together there. the president's cousin is trying to attract investors and started ups. so far, a huge crypto city at the foot of a volcano is still a pipe dream. the building this new financial hub would cost an estimated $1000000000.00. and one of the poorest countries in the world where the average annual income is about $4000.00 bureaus. now able kelly is counting on support and funding from abroad. you know the definitive what's all it does is we will just beat us. we should be
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punched it to, i'm fully convinced if it, sooner or later there will be bitcoin city. community is there are people who want to be engaged in this community. as long as they'll, they'll pack up and suddenly start moving to el salvador. it's a bit like religions in the past where believers would gather in monasteries or elsewhere and live and do things together. and if you want it on thought to someone who would think that can lead time, we think it came off coming. money is based on trust and belief crypto currencies have added a new dimension to how we think about money. el salvador is reflective of the fear and hope surrounding bitcoin. but crypto currencies have already changed the world . and in all likelihood, it's just the beginning. the, the
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