The Marathon Ethiopia And Bitcoin

https://bitcoinmagazine.com/culture/the-marathon-ethiopia-and-bitcoin

"Even as regulators and lawmen use sticks of persuasion, citizens boldly send and #stack #sats. If you thought laser-eyed fund managers in the West were bullish, you haven’t met 23 year-old #Ethiopian freelancers [...]".

"The Ethiopian #Birr, at roughly 20% per year, is #debased through a variety of factors."

#Bitcoin  #Inflation #Ethiopia 🇪🇹 #Africa 🌍#Currency #Debasement #Diaspora #CurrencyControls #KalKassa #BitcoinMagazine

Turkey’s Cryptocurrency Pain Grows With Second Exchange Collapse

https://www.bloomberg.com/news/articles/2021-04-24/turkey-s-cryptocurrency-pain-grows-with-second-exchange-collapse

"#Vebitcoin is #Turkey’s fourth biggest #exchange with close to $60 million in daily volumes."

"Turkey’s Central #Bank has banned #cryptocurrencies as a form of payment from April 30."

"There are disturbing money outflows to outside of Turkey via cryptocurrencies.”

#Bitcoin  #Turkish #Turks #Thodex #CapitalControls #CapitalFlight #ExchangeControls #CurrencyControls #CentralBank #BitcoinExchange