{"id":10361,"date":"2022-03-29T23:30:00","date_gmt":"2022-03-29T23:30:00","guid":{"rendered":"http:\/\/ci029d636b000024a3"},"modified":"2025-10-01T13:07:47","modified_gmt":"2025-10-01T18:07:47","slug":"why-countries-will-need-to-adopt-bitcoin","status":"publish","type":"post","link":"https:\/\/bitcoinmagazine.com\/culture\/why-countries-will-need-to-adopt-bitcoin","title":{"rendered":"Why Nation States Will Need To Adopt Bitcoin Featuring Alex Gladstein"},"content":{"rendered":"<div id=\"bsf_rt_marker\"><\/div><div class=\"youtube-embed\" data-video_id=\"rMG8cKfLw7o\"><iframe loading=\"lazy\" title=\"Bitcoin Is Like A Virus w\/ Human Rights Activist Alex Gladstein\" width=\"696\" height=\"392\" src=\"https:\/\/www.youtube.com\/embed\/rMG8cKfLw7o?feature=oembed&#038;enablejsapi=1\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/div>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=rMG8cKfLw7o\" target=\"_blank\" rel=\"noopener\">Watch The Episode On YouTube<\/a><\/p>\n<p><strong>Listen To This Episode:<\/strong><\/p>\n<ul>\n<li><a href=\"https:\/\/podcasts.apple.com\/de\/podcast\/why-nation-states-will-need-to-adopt-bitcoin-w-alex\/id1459884105?i=1000555219911&amp;l=en\" target=\"_blank\" rel=\"noopener\">Apple<\/a><\/li>\n<li><a href=\"https:\/\/open.spotify.com\/episode\/36Z6SDSFwDYbHEHiV2eVhv?si=cb12d62d6c5f45a2\" target=\"_blank\" rel=\"noopener\">Spotify<\/a><\/li>\n<li><a href=\"https:\/\/podcasts.google.com\/feed\/aHR0cHM6Ly9iaXRjb2lubWFnYXppbmUubGlic3luLmNvbS9yc3M\/episode\/MWY4YjBhOWYtYmVmYy00NmU5LWE2YjQtODkwZmQyMTk2Nzgz?sa=X&amp;ved=0CAUQkfYCahcKEwio78zNvuH2AhUAAAAAHQAAAAAQLA\" target=\"_blank\" rel=\"noopener\">Google<\/a><\/li>\n<li>Libsyn<\/li>\n<li><a href=\"https:\/\/overcast.fm\/+Rp4rwqGqg\" target=\"_blank\" rel=\"noopener\">Overcast<\/a><\/li>\n<\/ul>\n<p>Alex Gladstein joins the \u201cBitcoin Magazine Podcast\u201d to discuss his new book, \u201c<a href=\"https:\/\/store.bitcoinmagazine.com\/collections\/books\/products\/check-your-financial-privilege\">Check Your Financial Privilege<\/a>,\u201d and how Bitcoin opens the door to human rights around the world. When talking about Bitcoin\u2019s detractors, Gladstein says, \u201cMost of the critics that I\u2019ve always been debating \u2026 they just live in this bubble of financial privilege and they can\u2019t comprehend that Bitcoin could be useful for someone else.\u201d His point being that people living in America cannot fully grasp the financial repression going on in other parts of the world.<\/p>\n<p>Gladstein goes on to say, \u201cThe average person in this world has money problems and not just not enough of it, but also that it doesn\u2019t work very well.\u201d Those of us living in America have the fortunate situation that our currency works pretty well and has a global demand, since it is currently the reserve currency of the world.<\/p>\n<p>According to Gladstein, Bitcoin levels the playing field. \u201cThe fun part for me is that Bitcoin just obliterates financial privilege. It just eliminates it at the base. Now, it doesn\u2019t mean that everybody\u2019s going to be equal. No, it\u2019s not a redistributionary technology. It\u2019s not some sort of Marxist creation. This is a technology that secures property rights and actually reinforces capitalism and free markets and open commerce.\u201d Bitcoin having the same rules for everybody is what makes it powerful.<\/p>\n<p>When discussing the implications of Russia settling oil contracts in bitcoin, Gladstein says, \u201cI think that if they start accepting bitcoin for oil or something like that. That has this trickle down effect, a network effect across all the people who work for the oil company who now know this, and all of a sudden, all the people who are relatives of the people who work at the oil company, who read about this on the news.\u201d If Putin is proud of this potential move, then the propaganda will spread on the news and the outcome will be tons of Russians buying bitcoin.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A conversation about Bitcoin\u2019s ecological footprint, why Bitcoin is such a big organism and the shift from individual to nation-state adoption.<\/p>\n","protected":false},"author":2520,"featured_media":7800,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[33],"tags":[392,1006,1894,1007,324,1112,909,1216],"class_list":{"0":"post-10361","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-culture","8":"tag-adoption","9":"tag-alex-gladstein","10":"tag-capitalism","11":"tag-check-your-financial-privilege","12":"tag-environment","13":"tag-nation-state","14":"tag-network","15":"tag-podcast"},"author_data":{"id":2520,"name":"Bitcoin Magazine","nicename":"bitcoin-magazine","avatar_url":"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2025\/01\/bitcoin-magazine-logo.jpeg"},"featured_image_url":"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2024\/11\/earth.png","_links":{"self":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts\/10361","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/users\/2520"}],"replies":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/comments?post=10361"}],"version-history":[{"count":0,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts\/10361\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/media\/7800"}],"wp:attachment":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/media?parent=10361"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/categories?post=10361"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/tags?post=10361"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}