The Gug Letter

The Gug Letter

Bitcoin: Curing the Remittance Market

Generating prosperity from wasted energy

Joe Guglielmucci's avatar
Joe Guglielmucci
Jul 09, 2021
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Bitcoin has nailed another monstrous use case for countries and individuals alike to store their wealth in the mathematical genius. Many small countries have much of their GDP tied up in the remittance market. Ultimately, price action in the short term for Bitcoin is not even a reliable metric.

One of the most profitable use-cases of Bitcoin is the over…

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