“Imagine you are in a country with capital controls: that was much of the western world up until the late 1970s, early 1980s in fact. Until 1979 in my native UK you had to have permission from the government to take more than £25 out of the country. In fact, George Orwell had to ask permission to use his own dollar royalties to buy the new American drugs that didn’t cure his tuberculosis. These sorts of restrictions still apply in countries around the world. What Bitcoin can do is make such regulations a simple matter to avoid. Rather than trying to take a suitcase of cash on the plane you can just buy Bitcoin locally, stick your USB stick in your pocket and then travel.”
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Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
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