Iranian Currency Collapse Sparks Calls for Bitcoin as a Financial Hedge

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Protests have erupted in Iran's capital, Tehran, as the national currency, the rial, plummets to record lows against the US dollar. This economic turmoil, blamed on the central bank's fiscal policies, has led to a significant devaluation of savings. In response, Bitwise CEO Hunter Horsley has highlighted Bitcoin as a potential tool for global citizens to safeguard their wealth against such currency depreciations.

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