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.So, we all remember the absolute abysmal tragedy that was the United States’ withdrawal from the Afghan theater, right? And I place emphasis on the word “tragedy” here to keep in line with “pandemic ethics scholar” Dr. Julie Ponesse’s clarification during a recent discussion with John Vallis of the word, using it to describe a negative outcome that was brought about by the protagonist’s own actions (the protagonist in this case being the U.S.). But....
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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....
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....
A pioneering female CEO has been promoting Bitcoin in Afghanistan since 2013 and sees it needed in her home country now more than ever.
The sun beat down at a blistering 120 degrees in the Helmand desert. The air was dry and tense as the two bitcoin entrepreneurs, Adam Locklin and yours truly, shook hands and made a deal in bitcoin. A Partagas robusto cigar traded hands, I sent Adam 0.1 BTC, and so concluded what we believe to be Afghanistan's first recorded bitcoin transaction. This simple trade comes with a few lessons if bitcoin is really going to work in Afghanistan and other remote parts of the developing world: Most countries need an exchange. Adam and I were talking to a few local Afghans the other day, and despite....
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,....