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Netanyahu Proposes Blockchain for Economic Safeguards

Geopolitics

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Netanyahu Proposes Blockchain for Economic Safeguards

Israeli Prime Minister Benjamin Netanyahu is proposing blockchain technology and cryptocurrencies as a way to protect Israel from international economic penalties. He described blockchain as a 'national strategic tool' and an 'alternative to sanctions' during an interview. However, the idea has met resistance from the Bank of Israel and critics who doubt its effectiveness, while public opinion remains divided.