Written by 4:12 pm Bitcoin

Czech History Shows Need For Bitcoin – Bitcoin Magazine

This is an opinion editorial by Thomas Turek, a native of the Czech Republic and economics student based in Prague. A version of this article was originally published on Substack.

Author’s note: This topic is one that is close to my heart. As a Czech, the damage that socialism inflicted upon our society is one of a large wound spanning generations. Czechoslovakia, from 1948 to 1989, was turned from a thriving democracy in the heart of Europe to a country of fear-driven citizens and economic stagnation. I hope that this article can enlighten the reader’s knowledge of our history as well as how digitally-distributed ledgers like Bitcoin could act as a defense of individual privacy and finance.

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