Bitcoin World #7: Syria - How Bitcoin Can Help Refugees - WBD204
The Peter McCormack Show
Peter McCormack
4.7 • 2.8K Ratings
🗓️ 20 March 2020
⏱️ 71 minutes
🧾️ Download transcript
Summary
Location: Bedford Date: Tuesday, 17th March Project: Myjam Role: CEO
In 2011, growing levels of unrest over lack of employment, political freedom and high levels of corruption in Syria led to a small number of pro-democracy demonstrations.
Inspired by the ongoing Arab Spring revolution in nearby countries, the movement began gaining traction within Syria. The Syrian government retaliated with deadly force, leading to widespread calls for the president Bashar al-Assad to resign.
Disdain for the government grew, and with it, the government's attempts at suppression intensified, escalating into a civil war that has now gripped the country for over nine years. It is no longer a case of for/against Assad as numerous groups and nations have been dragged into the conflict.
The Syrian civil war is the second most deadly in the 21st century and has displaced millions. The total number of Syrian refugees is predicted to be over nine million with many heading to Turkey, Jordan, Lebanon and Egypt, with many migrating through Europe.
For the people of Syria, Bitcoin offers enormous advantages over cash. Within Syria, a large percentage of the population does not have access to banking services, and the Syrian Lira suffers from high inflation. For refugees, there is a risk of theft and confiscation as they make their way to new countries. Once settled, Bitcoin is also a perfect tool for remittances to their families back in Syria.
In this interview, I talk to Moe Ghashim, a Syrian Bitcoiner now living in the UK. We discuss the ongoing civil war in Syria, the devastating physical and economic damage to the country, and how Bitcoin is a perfect tool to help refugees.
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Transcript
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| 0:00.0 | Welcome to the What Bitcoin did podcast. |
| 0:05.0 | Hello there from Bedford. |
| 0:08.0 | How are you all? |
| 0:09.0 | Welcome to the What Bitcoin did podcast, which is brought to you by the mighty cracken, |
| 0:12.0 | the best place to buy, sell and trade |
| 0:14.4 | Bitcoin. I'm your host Peter McCormack and today I've got an interview with Mo Gashon, |
| 0:19.8 | a Syrian Bitcoiner who found himself living in Bedford. |
| 0:23.3 | But before I talk to you about that, I do have a message from all my amazing show sponsors. |
| 0:28.0 | And so first up today, let's talk about BlockFi, The Future of Bitcoin and Financial Services services and last week they just |
| 0:34.4 | announced an update to the interest accounts customers can now send |
| 0:38.0 | USDA wires to the platform to purchase the Gemini dollar GUSD and begin earning up to 8.6% on |
| 0:45.6 | U.S.D. Denominated assets. That is a very, very cool addition to the |
| 0:50.3 | interest accounts of which I am a customer of I do love receiving my |
| 0:53.7 | Bitcoin interest every month they also have crypto-backed loans they've got a |
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| 1:02.3 | Blockfire smashing it. If you are |
| 1:04.6 | interested in finding out more please do your own research then head over to |
| 1:08.6 | Blockfye.com which is B-L-O-C-F-I-I-, and next up we have the mighty, mighty cracken, the single best place to |
| 1:18.1 | buy, sell and trade Bitcoin, the most comprehensive set of trading products for buying Bitcoin. |
| 1:23.8 | They've got the best customer service for any Bitcoin exchange out there. |
| 1:28.0 | They have the best security in the business. |
| 1:30.4 | They have an absolutely badass, beautiful mobile first app, so you can trade |
... |
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