Arbitrage in Bitcoin (and its Effect on Premiums)

Why does Bitcoin's premium in South Africa refuses to play by the textbook rules? In 2017, the South African Bitcoin premium soared to a staggering 30%, and although it's cooled down to 1-3%, it's not your typical market scenario. Farzam Ehsani explains how exchange controls and capital restrictions create a unique dynamic. The textbook shouts "arbitrage to zero," but this interview unveils the untold story of regulatory interference, defying the norms of the crypto world. Unravel the secrets shaping crypto premiums? Catch Farzam Ehsani's insights on the fascinating dance between market forces and regulatory constraints. Watch the full interview. Follow The Next Billion on - Twitter: https://twitter.com/the_nextbillion Spotify: https://open.spotify.com/show/2ELv0CtYJYwcsqb9CdUMJi Crypto is so much more than just numbers and nodes. It’s about onboarding The Next Billion users. The Next Billion podcast is a direct and unfiltered dive into the stories of the builders that are making this happen. Host George Harrap has wide-ranging discussions to help people better understand the future of crypto adoption and uses around the world. If you haven’t subscribed yet, join us in onboarding The Next Billion 👇🏼 👉 https://www.youtube.com/@The_NextBillion #Solana #blockchain #web3