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Home»World Economy»Bitcoin | Armstrong Economics
World Economy

Bitcoin | Armstrong Economics

DaneBy DaneJune 6, 2025Updated:June 6, 2025No Comments1 Min Read
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Bitcoin | Armstrong Economics
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QUESTION: Why Bitcoin has been sturdy in latest weeks??

Greatest

Gerry

ANSWER: Bitcoin is the first car for cash laundering. Even Canadians are utilizing it to withdraw money from the nation. It’s the identical instrument as gold in all nations. Europeans are additionally utilizing it to avoid capital controls. There are rumors {that a} kill swap exists in Bitcoin, which may wipe out all accounts within the years forward. I’d not contemplate Bitcoin a retailer of worth when the federal government created it. I nonetheless want treasured metals as a protected haven for my cash. Bitcoin is a buying and selling car.

However, this sample doesn’t but point out a closing, exhaustive, and remoted excessive. The brand new highs could also be seen in warfare, as it’s primarily used to extract cash from nations. That’s the way it started, with many of the quantity from China.



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