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2024-12-17 18:22:21

BitopiaLand on Nostr: Bitcoin as a Store of Value in a Fragmented State Traditional ways of storing ...

Bitcoin as a Store of Value in a Fragmented State

Traditional ways of storing wealth—stocks, bonds, real estate, gold—are either impossible or very risky in today’s Syria. Property can be seized and legal protections do not exist.

Families and clans face the risk of losing everything they’ve worked for in an instant.

Bitcoin is the secure alternative.

No authority in the country can confiscate it. It can be safeguarded with 24 words on a piece of paper, and thus taken anywhere at a whim.

For those living Syria’s fractured reality, Bitcoin can be the digital vault, protecting wealth and what little security remains.
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