βΏπ Top 10 New Ways Geopolitics Is Redefining Bitcoin
National interests push Bitcoin into foreign waters
For years now, geopolitics and Bitcoin have been dancing with each other. Some of this was covered in the two-part "Geopolitics of Bitcoinβ (Part 1 and Part 2). However, as is the case with other areas of the world stage, convergences are accelerating at a stunning pace. The status quo is constantly being shattered and remade, as nations take unorthodox steps.
Bitcoin once again finds itself in new terrain. There is now a clear correlation between geopolitical activity and the role and position of Bitcoin in the world. Geopolitics is becoming the most influential factor defining the future of Bitcoin, even more so than the underlying blockchain technology. Anybody with a stake in this cryptocurrency (existing or future) must now understand the broader geopolitics defining its value and role.
Many new dimensions to the geopolitics of Bitcoin did not exist just a few months ago. Altogether, they threaten to transform the currency from being just a financial instrument to a defining factor in how nations and businesses behave with the rest of the world.
Below are the top 10 new ways geopolitics is redefining Bitcoin.
π£ POPULAR INSIGHTS ON THIS TOPIC
Keep reading with a 7-day free trial
Subscribe to Mr. Geopolitics to keep reading this post and get 7 days of free access to the full post archives.