🌎 [Analysis] The role digital currencies are playing in geopolitics - Andrew Gillick

Bitcoin ($BTC) and other digital currencies are supported by a strong desire for them to overtake (or at least severely compete with) sovereign monies. Brave New Coin's Andrew Gillick notes that cryptocurrencies are already playing a significant role in geopolitics as less-powerful nation-states realize their new ability to circumvent the political pressure routinely applied to them by world leaders who issue dominant reserve currencies. Experiments like Venezuela's El Petro are unlikely to experience lasting success, but as fiat reserve currencies inch closer to another crisis and countries like Russia and Iran prove Bitcoin's use case to evade international political pressure, other governments are likely to follow suit.