Crypto can alleviate the financial fallout for people in Afghanistan

Crypto can alleviate the financial fallout for people in Afghanistan

As the political system collapses, so too does the financial one. Thus, more and more Afghan citizens will turn to crypto. “One of the greatest tragedies in life,” according to author K. L. Toth, “is to lose your own sense of self and accept the version of you that is expected by everyone else.” For the people of Afghanistan — almost 40 million of them — the loss of self, as well as the loss of life, has become a brutal reality. With the Taliban in control, chaos now reigns supreme. As businesses shut down, tens of thousands of people are desperately trying to flee the country. Moreover,....


Related News

Afghanistan Closes Down 16 Cryptocurrency Exchanges, Arrests Operators

Law enforcement in Afghanistan has shut down over a dozen crypto exchanges in Herat, detaining the people who were running them. The offensive comes after the introduction of a ban on online foreign exchange that the Taliban seem to have applied to coin trading as well. Taliban Government Goes After Crypto Trading in Afghanistan Citing Scamming as Motive Afghan security forces have closed down a number of crypto exchanges in the western Herat province in the past week, the English-language Ariana News portal reported on Tuesday. At least 16 platforms trading digital currencies....

Finding Financial Freedom In Afghanistan

A pioneering female CEO has been promoting Bitcoin in Afghanistan since 2013 and sees it needed in her home country now more than ever.

Bitcoin, The People And The Tragedy Of Afghanistan

The U.S. withdrawal from Afghanistan and its decision to seize the country’s assets demonstrates the importance of bitcoin as a sovereign asset.

The Taliban will never understand crypto, according to founder of LEARN Afgha...

Pashtana Durrani described the Taliban as "people who were fighting in rural and very mountainous regions" who don't have the proper background for modern financial literacy. Pashtana Durrani, the founder of an organization working to make education available to women and girls across Afghanistan as the country remains under Taliban rule, said the Islamic fundamentalist group has poor financial literacy, especially when it comes to crypto.In a Wednesday interview with political commentator Tommy Vietor from Pod Save the World, LEARN Afghanistan founder Pashtana Durrani said the....

Gift to Pope Francis Sold as NFT Raises $80,000 for Afghanistan

A carpet presented by the United Arab Emirates as a gift to the head of the Catholic Church a few years ago has been sold in the form of NFT. While the original remains in the Vatican, its digital representation has been successfully used to collect funds for the people of Afghanistan. NFT of Historic Carpet Sold for 25 ETH The Pontifex carpet was gifted by the Crown Prince of Abu Dhabi Sheikh Mohamad Bin Zayed Al Nahyan to Pope Francis during a visit to the Vatican City. In September 2016, the two met to discuss the strengthening of the diplomatic relations between UAE and the Vatican as....