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RE: A Better Reason to Hodl

in LeoFinance3 years ago (edited)

By 2025 we may see central banks getting in on the action to shore up the dwindling values of their respective fiats. It will begin with outcast countries like Iran that actually supports the Bitcoin mining industry in the country by offering subsidized power if they register with the authorities. The bitcoins mined will be used to pay for imports now that Iran has been cut off from the international banking system.

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It is going to get interesting. I don't know if you remember back in 2017 when wikileaks tweeted about its own banking. After they had all of their fiat gateways for funding closed, they were forced into Bitcoin - financially at least, it worked out well for them.

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Yeah, and that didn't surprise me.