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Re:Jack Dorsey’s $2.9M NFT dropped 99% in value by jjeaff on Monday April 18, 2022 @07:55PM (#31078232)
How would Bitcoin work for a sanctioned authoritarian regime like north Korea? Who would they trade it with for useful currency or goods? It's not like they can just create a Coinbase account and cash in the Bitcoin for USD.
Re:Jack Dorsey’s $2.9M NFT dropped 99% in value by jpetso on Monday April 18, 2022 @09:56PM (#31079053)
Perhaps not, but they can sell their crypto reserves to other actors who are in a position to exchange them, for stuff that's actually useful to them.