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The US is a relatively stable and strong economy, with good rule of law, good financial technology, low inflation and financial institutions that most people have faith in (although many Bitcoin enthusiasts would beg to differ). High transaction costs are another possible driver of Bitcoin adoption. What do you think ?
13:28] Technology is really running our lives now, how do you sort of insert play into that conversation? [15:59] And, and it's a, it's not a negative thing, but that means, you know, I've got a teammate who lives in Paris, France, another one in Vancouver, somebody in Calgary, someone who just moved to Cyprus. We do every single day.
Recent news on the Cyprus banking crisis has brought Bitcoin back into the public view. Luckily, prices quickly rose back to the previous level, but this illustrates the fact that Bitcoins are a new technology and they’re still working out some significant bugs. Let’s take a closer look. What is Bitcoin?
But have you heard of what’s going on in Cyprus, Sweden or North Carolina? Today, with the decentralising nature of the Internet, distributed cloud technology and a growing sentiment toward entrepreneurship, the global startup ecosystem has never been so dispersed. Nicosia, Cyprus?. Pune, India?. Dublin, Ireland.
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