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London Real

‣ Why Vladimir Putin is afraid of Bitcoin - Alex Gladstein

London Real

Brian Rose

Investing, Cardano, Crypto, Bitcoin, Brianrose, Ethereum, Londonreal, Technology, Cryptocurrency, Business, Defi

4.41.9K Ratings

🗓️ 6 June 2022

⏱️ 8 minutes

🧾️ Download transcript

Summary

Transcript

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0:00.0

A couple of final questions, Alex, you know, the Warren Ukraine, what have we seen that

0:05.6

show us about our financial system? Obviously you saw the U.S. kind of, you know, canceling

0:11.5

dollar assets for certain citizens. We saw the rubble get devaluated, which meant

0:15.4

you're a citizen of that country. You're our participating at de facto in that war.

0:19.2

We've seen people in Ukraine raising money with crypto, but what have you seen the most

0:23.0

from this or what have we realized the most by watching this conflict happen in front

0:26.8

of our eyes from a financial perspective or freedom perspective?

0:30.5

Yeah, well, at least with regard to our conversation here today, there's no place in the world

0:35.4

that's more vivid in terms of showing the use case for Bitcoin and cryptocurrency than

0:41.4

the Warren Ukraine. I mean, Putin's invasion, you know, destroyed a country. I mean, it

0:48.6

froze the nation. It totally paralyzed the economic system. But when you think about

0:55.7

Ukrainian people, I didn't interview with the government. He told one of the ministers

1:01.0

told me that their estimate is that 100,000 of the 5 million refugees who fled who are

1:05.4

now in Europe left with cryptocurrency. And it's interesting because, I mean, this war

1:12.3

was very sudden. I mean, Ukrainians that I know lived in Kiev, like that I've spoken

1:16.4

to February 23rd, 24th, they didn't think there was going to be a war. So it was really

1:21.7

sudden. You aren't able to bring your house if you own it. Stock market was frozen. All

1:27.1

that stuff was frozen. Like, you had, if you were just trying to leave or get out, like,

1:32.0

you didn't, you only had what you had, right? Okay, well, if you, if you are a Bitcoin user,

1:37.7

you have your wealth with you. Like, you just take it and you can just bring it with you

1:41.1

wherever you want. Super powerful. And no one will like, you don't have to worry about

1:45.2

some other country not accepting your fiat currency. Everybody will accept Bitcoin. So

...

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