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“Bitcoin ‘maximalists’ make wide-eyed claims about how crypto will change the global economic system. Whether you believe them or not, we can see that crypto has already revolutionised remittances in unstable, conflict-ridden places. Afghanistan presents a textbook use case for cryptocurrencies”

“Bitcoin ‘maximalists’ make wide-eyed claims about how crypto will change the global economic system. Whether you believe them or not, we can see that crypto has already revolutionised remittances in unstable, conflict-ridden places. Afghanistan presents a textbook use case for cryptocurrencies”



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  1. tldr; Afghanistan presents a textbook use case for cryptocurrencies in failed states. Remittances, the practice of sending money ‘back home’ from rich countries, makes up approximately 4% of the country’s GDP. Afghanistan is 20th on the list of 154 countries in the Global Crypto Adoption Index formulated by Chainalysis, a blockchain data platform.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

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