Latest / Winning With Winans! / Putin, Iran, and the Hidden Geopolitics of Bitcoin
Transcript
- winning with winans: This is going to get a little James Bond-ish, but I want you to follow me on this. We have known for years that, and actually it's been rumored, that Vladimir Putin is the biggest holder of Bitcoin of anybody in the world. Not a surprise. He's probably seen of how what's happened is past czars in Russia and how they lost their fortunes when they eventually lost power. He's not a dumb guy. He's learned from the mistakes of others. There's a lot of talk about and lot of articles talking about Iran's movement into what they call their crypto economy. So again, we have always had concerns about crypto being a way to let bad dealers navigate a world of regulation. But it does tell me that we might find it very, very hard on any kind of additional sanctions against any bad players, anywhere in the world, including Iran. Probably going to be a really tough time.