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Iran Turns to Bitcoin to Protect Wealth While Rial Dies - Gold Goats 'n Guns
It looks like a repeat of what happened to spark the Bitcoin and crypto-revolution in 2014, capital flight fueling demand for the currency. Then Chinese were protecting their capital to get around capital controls during the infamous “Taper tantrum” and subsequent shock Yuan devaluation by the People’s Bank of China. It was this capital flight …