Russia, Iran Will Have To Adopt Bitcoin — Bitcoin Magazine

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This is an opin­ion edi­to­r­i­al by Q Ghae­mi, a stocks and bit­coin ana­lyst and author of the Qweek­ly Update newsletter.

Ear­li­er this month, reports sur­faced that the Cen­tral Bank of Iran is work­ing with the Russ­ian Asso­ci­a­tion Of The Cryp­to Indus­try And Blockchain to cre­ate a sta­ble­coin that will be backed by gold to set­tle trade. This is not the first for­ay into the cryp­to uni­verse for either coun­try, nor will it be the last. But this ven­ture will come to noth­ing, ulti­mate­ly bring­ing both coun­tries one step clos­er to adopt­ing Bitcoin. 

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