Re: Not your vault, not your money. Why some nation-states will HODL Bitcoin.
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.
Isn't it surprising enough that they did at all decide to hold all that money with banks essentially out of their reach in times of crises or coordinated attacks? Who would do that? I am puzzled, I mean they most likely did plan their attacks for a long time. Maybe they thought transferring that money out might be a suspicious on their behalf?