Iranian protests over currency collapse show why Bitcoin's needed: Bitwise CEO - Source: CoinTelegraph

Protests erupted across Iran’s capital of Tehran on Monday as the rial hit record lows against the US dollar, a currency collapse that locals blame on the central bank’s poor fiscal policies as they watch the value of their life savings evaporate.

While there’s no single solution to the economic hardship that Iranians are facing, Bitwise CEO Hunter Horsley suggested that Bitcoin is a way for people around the world to protect themselves from plunging currency values.

Story continues: https://cointelegraph.com/news/iranians-protest-against-currency-collapse