Dealing with sanctions through Bitcoin? Netanyahu's statement that sparked a storm
Prime Minister Benjamin Netanyahu said in an interview with Channel 10 that Israel must prepare for the possibility of international banking sanctions, and that he has instructed to formulate a response plan based on blockchain and digital currencies. The statement sparked harsh criticism on social media.
Prime Minister Benjamin Netanyahu said in an interview with Channel 10 that Israel must prepare for the possibility of international banking sanctions, and that he has instructed to formulate a response plan based, among other things, on blockchain technology and digital currencies. The statement sparked harsh criticism on social media. Avishai Ovadia, a founding partner of the Collider investment fund and a crypto investor, argued that Netanyahu is "wrong and misleading," and that digital currencies cannot serve as a means to bypass state sanctions. In the interview, Netanyahu also addressed the future of US security aid, clarifying that Israel will have to learn to manage without it.
Dealing with sanctions through Bitcoin? Netanyahu's statement that sparked a storm