Moment at 4:57 in Why Bitcoin Beats Every Currency On Earth by BTCPrague.
Over 100 million bank accounts were closed across Southeast Asia in 2025, according to Jimmy Kostro, founder of Bitcoin Chiang Mai. He argues that for more than 50 million people in the region, Bitcoin has become the only money that cannot be confiscated, inflated away, or stopped at the border. Kostro works a few kilometers from the Myanmar border. He describes bank lines cut off when the cash runs out, savings eaten by currencies that buy less food every year, and why people there treat Bitcoin as money rather than a trade. Vietnam alone deactivated more than 86 million accounts on September 1, 2025 under its biometric ID rules (State Bank of Vietnam). Recorded at BTC Prague 2026, Expo Stage, Saturday 13 June. For us, running a node is interesting. Kostro explains what it is for them.
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