There's a spike in Bitcoin activity around the time foreign aid money goes out

15 pointsposted 8 hours ago
by MrBuddyCasino

7 Comments

Lerc

2 hours ago

If bitcoin were being used as intended, as a currency, would that not also produce this effect?

b3lvedere

7 hours ago

See also the 2nd reaction on the [What-Used-To-Be-Twitter] webpage.

"anyone who follows development finance closely or has worked in the sector knows that the main challenge is getting the funds to reach their destination and avoid getting diverted by corrupt officials"

yrjrjjrjjtjjr

7 hours ago

Even if the money is used completely legitimately it will be exchanged for goods and services thus ending up in someone's pocket. Someone who may want to buy Bitcoin.

user

7 hours ago

[deleted]