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March 08, 2017, 04:42:13 AM |
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The amount of debt supporting fiat currencies is an indicator. Traditional currencies are getting debased worldwide. Cryptocurrency offers a non-printable currency like gold,cryptocurrencies are in vogue and offer freedom from authoritarian manipulation. But there are no artificial government interventions supporting bitcoin prices. Regulators, for their part, are trying to discourage bitcoin. Governments, however, can’t do much more than temporarily impact the price of bitcoin, as was the case when China recently tried to control bitcoin trading.
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