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Several U.S. lawmakers see China’s authoritarian crackdown on cryptocurrency, including bitcoin, as “a perfect opportunity for American leadership on cryptocurrency.” One senator noted that it is “a reminder of our huge structural advantage over China.” US Lawmakers Comment on China’s Cryptocurrency Crackdown Following the latest news of China’s crackdown on cryptocurrency, several
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Sergei Guriev, professor of Economics at Paris’ Sciences Po and a critic of Vladimir Putin, told Cryptox how Bitcoin can be used as a tool to combat authoritarian regimes despite having “no fundamental social value”.Unlike fiat currencies, the purchasing power of Bitcoin is not backed by any institution. That is
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Sergei Guriev, professor of Economics at Paris’ Science Po and Vladimir Putin’s critic, told Cryptox how Bitcoin can be used as a tool to combat authoritarian regimes despite having “no fundamental social value.”Unlike fiat currencies, the purchasing power of Bitcoin is not backed by any institution. That is why, according
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Discussing new trials of an LN point-of-sale app; updates in consumer & institutional crypto derivatives, and Venezuelan petros as holiday bonuses. Source
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Forbes chairman and editor-in-chief Steve Forbes has described Bitcoin (BTC) as a “high-tech cry for help” driven by a lack of trust in traditional currencies.Speaking to Ark Invest CEO Cathie Wood on her company’s podcast, he said Bitcoin's challenge now is becoming a coin as trustworthy as gold — an assert that
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