How Bitcoin Can Preserve The Life Savings Of Refugees

This is an opinion editorial by Josef Tětek, a Bitcoin analyst at Trezor. Suppose you lead an ordinary family life in an undisclosed country. Suddenly, a crisis hits. This could be the rise of an autocratic regime, a democide or an armed conflict. Whatever the circumstances, you will most likely have two pressing problems on your mind. First and foremost, you need to get everyone to safety, preferably abroad. Second, you need to preserve as much of your savings as possible to set up your life elsewhere. Since a safe…

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