Post
Topic
Board Bitcoin Discussion
Topic OP
Not your vault, not your money. Why some nation-states will HODL Bitcoin.
by
Wind_FURY
on 03/11/2021, 11:01:16 UTC
Quote

Afghanistan's Taliban government is pressing for the release of billions of dollars of central bank reserves as the drought-stricken nation faces a cash crunch, mass starvation and a new migration crisis.

Afghanistan parked billions of dollars in assets overseas with the U.S. Federal Reserve and other central banks in Europe, but that money has been frozen since the Islamist Taliban ousted the Western-backed government in August.


https://www.xm.com/research/markets/allNews/reuters/just-give-us-our-money-taliban-push-to-unlock-afghan-billions-abroad-44779875

The Taliban will never EVER see that money again. If only there was a robust, self-sovereign, censorship-resistant currency that an entity can actually HODL in their own actual custody, without any counterparty trust. Cool