The Turkish Tribal War Against Bitcoin

The Turkish Tribal War Against Bitcoin

Bitcoin could help rectify malinvestment and unsustainable development, if only embraced by a currently hostile Turkish government.Turkish President Recep Tayyip Erdoğan said, “We are in a war against cryptocurrencies,” on September 18, 2021. Merriam-Webster defines war as “a state or period of fighting between countries or groups.” I am guessing that the war Erdoğan mentions here is a war between Erdoğan’s tribe and Bitcoin, as the citizens of the country are embracing bitcoin more than ever. On January 15, 2021, the number of people investing in the Turkish Stock Market went past 2....


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