ICOLINK - ICO Listing Directory and Blockchain Community | "Link your ICO to Success!"
  • ICOLINK
  • NEWS
  • ICOLINK
  • Bill Miller: Bitcoin is available to people even in times of wars and crises
2 minutes reading time (424 words)

Bill Miller: Bitcoin is available to people even in times of wars and crises

BIILL3 Bill Miller - The head of Miller Value Partners

Bill Miller: Bitcoin - An Effective Tool for Financial Access in Military Conflicts

Investment company Miller Value Partners' head, Bill Miller, has recently expressed his support for Bitcoin, citing it as an effective tool for accessing financial services in military conflicts. According to Miller, Bitcoin serves as a "saving tool" for countries embroiled in conflicts that make it impossible for ordinary citizens to access banking services. He emphasized that Bitcoin can be used by anyone, regardless of the military and economic situation.

When the United States left Afghanistan, money transfers through the payment operator Western Union stopped in the country. But, if the people of Afghanistan could freely use bitcoin, everything would be fine. It can be sent anywhere in the world, there would be a mobile phone,

Miller said

Miller pointed out the collapse of the financial infrastructure in Afghanistan as an example of the limitations of traditional banking services in conflict zones. When the United States withdrew from Afghanistan, money transfers through the payment operator Western Union stopped in the country. However, if the people of Afghanistan could freely use Bitcoin, they could still transfer money anywhere in the world using just a mobile phone.


Then, when Bitcoin enthusiasts began to fear rising inflation, Bitcoin "skyrocketed,

Miller said



The billionaire also noted that Bitcoin served as a form of insurance for investors during the pandemic. While the US Federal Reserve System (FRS) reduced the money supply to "save" mortgage rates, Bitcoin remained stable without the intervention of anyone.

Furthermore, when Bitcoin enthusiasts began to worry about rising inflation, Bitcoin's value soared, according to Miller. He also asserted that Bitcoin had no signs of a "bubble" and predicted optimistic prospects for its development. Given the significant investments of institutional investors, Miller believes that Bitcoin's exchange rate will never collapse to zero.

Conclusion

Miller's insights on Bitcoin as an effective tool for financial access in conflict zones and as a form of insurance during the pandemic demonstrate the versatility of this cryptocurrency. With the ability to transfer money anywhere in the world using just a mobile phone, Bitcoin presents a promising solution for financial access issues in conflict zones. Its stability and resilience during the pandemic and economic uncertainties also make it an attractive investment option for many. As more people recognize the potential of Bitcoin, it is likely to continue its growth and development as a prominent player in the financial world.


Join ICOLINK socials to be updated
:

TM: https://t.me/icolink
INST new ICO: https://www.instagram.com/ICOLINK_COM
INST news: https://www.instagram.com/ICOLINK_NEWS
Twi: https://twitter.com/ICOLINKcom
Fb: https://www.facebook.com/icolinkpage

4
Argo CEO Peter Wall: Bitcoin is Gold 2.0
Governor Newsom Signs Blockchain Order to Spur Web...
At the ICO List we accept cryptocurrency payments in BTC, ETH, BCH, DOGE, LTC, USDC, USDT, APE, DAI and SHIB
Coin Payments
ONE WEBSTUDIO

website tech support FixJoomla.com

ICOLINK.COM 2024 © All Rights Reserved

Share this page in Social Media: