Gil Luria

Because the instability of that system, there's a lot of people that mine Bitcoin and have Bitcoin inside Iran.

If wealth starts escaping from Iran, that could create movements, more demand to move Bitcoin, more demand to buy and sell Bitcoin.

If...

The ward gets dragged out to a point where oil rises very much and the economy stagnates.

Again, people run away from their main assets, stocks, bonds, real estate, and they may run towards more assets like gold and Bitcoin.

And if there's more inflation in the U.S.

and that deflates the U.S.

dollar, then there may be movement towards assets like Bitcoin or gold that can protect you from that.

Yeah, so because Bitcoin exists outside of the government, then if one Bitcoin is worth a certain number of dollars and the dollars are worth less because of inflation in the dollars, there's no inflation in Bitcoin.

There will only be 21 million Bitcoin left.

So in relative terms, when the dollar is depreciated, a Bitcoin is worth more in terms of purchasing power.

Yeah, there's a core group within Bitcoin followers that believes Bitcoin should be all of money, that it should become a currency.

And what they argue is, again, there's a fixed amount, so it can't be inflated.

So the government can't charge you that inflation tax.

It's global.

You can use it anywhere, move money anywhere.

It's divisible into very, very small units.

So you can use it for small transactions as well as large transactions.

And there's very little cost to operating it because it's operated by a competitive group of processors that will charge a very low fee, even when all the Bitcoin is mine.

So it makes for better money than we currently have.