Gil Luria

And that argument gets stronger and stronger the more government currencies get inflated because inflation is a tax on your own citizens.

And therefore, the higher the inflation, the higher the tax on those citizens, the better the case is.

the hardcore Bitcoin believers have that Bitcoin should be all of money, should be the currency we all use.

And every person that they convert to that perspective is a person that sells the government currency, the US dollar, and buys a Bitcoin.

So wealthy people in Iran, I mean, there's two categories.

There's people inside the regime that have accumulated a lot of wealth that may need to flee soon.

So they're going to use their Bitcoin, move it to another country and then buy property in that other country.

And then there's entrepreneurs that have been accumulating Bitcoin.

They may move that to another country and buy property.

There's also people inside of Iran in both categories that may purchase Bitcoin and

in order to move it out of the country, and then again, sell it somewhere else and accumulate property somewhere else.

So we're gonna see a lot of that the more the war continues.

We've seen that in China.

There's a lot of people that have been using Bitcoin as a mechanism to get wealth out of China.

There's restrictions on capital movement out of China.

And Bitcoin has been a way to get around that.

The government doesn't like it.

They try to stop it.

But many people have moved money out of China by buying Bitcoin and using it somewhere else in the world to buy hard property.

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