Ben Armstrong shared compelling insights on geopolitical maneuvers and cryptocurrency dynamics. The CoinSpeech team collected the most important points from his recent appearance. You can find Ben Armstrong’s new video below.
Geopolitical Shifts: Outmaneuvered and Outplayed
“We’ve been outmaneuvered and outplayed on every flank,” Armstrong asserts, emphasizing how global powers have shifted their dynamics. He highlights how European and American interference in Africa includes preventing nations from developing their military. In contrast, Russia is extending a helping hand to these countries, saying, “Russia is going into Africa and is telling them, hey ride with us, come be BRICS, we got you.”
The Historical Perspective
Armstrong draws a historical analogy by mentioning, “I think the War of 1812…Brit came over here and they were like shoot guys, they came back to Europe and said, these mother Checkers are pretty tough…” He reflects on America’s perceived global supremacy, suggesting it was a temporary arrangement orchestrated by older, more experienced powers.
Cryptocurrency and Geopolitical Strategy
Transitioning to the crypto sphere, Armstrong delves into Russia’s financial strategies involving Tether (USDT). “How in the world is Tether happening?” he wonders aloud. His investigation reveals key findings: “11 out of 62 International crypto trading platforms analyzed do not require Russians to pass KYC checks to start trading.” This allows Russians to navigate around sanctions by using platforms like Huobi and KuCoin.
Implications of Unregulated Exchanges
Armstrong points to data collected by Inca Digital, stating, “Both Huobi and KuCoin have US and Canadian users, obviously.” This highlights concerns about international sanctions and regulatory compliance, as these platforms facilitate transactions without stringent KYC checks. He further mentions, “Tether has remained the third crypto by market cap,” underscoring its significance amidst this geopolitical quagmire.
Crypto’s Central Role
Armstrong stresses that crypto and blockchain technology are at the heart of these global strategies. “Crypto is what it’s all about,” he insists. He links the ongoing financial turmoil to the centrality of digital currencies, suggesting, “A world CBDC is what this is all about.”
For a deeper understanding of these critical issues, watch Ben Armstrong’s new video below: