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Author Topic: Anthony Pompliano Says Country That Adopts Bitcoin First Will Have Advantage  (Read 408 times)
Janation
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August 01, 2019, 05:16:36 AM
 #21

And I thought the Blockchain would be the that should be embraced and not Bitcoin.

I mean there are a lot of people that hates Bitcoin while the blockchain technology, a lot of people sees it as a future technology. Bitcoin will continue to be more expensive, as countries tries to start or create their own digital currencies, that will still be years and years from now.
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August 01, 2019, 05:28:40 AM
 #22

By "country" you mean government right? Well, let's say for this argument you are referring to the government of a country accepting Bitcoin as a reserve currency. I can tell you now that it will not happen, because most of these governments rely strongly on the ability to manipulate the value of their own reserve currencies and they will not allow a global "open" market to determine the value of their own reserve currency.

Yes, some countries embraced Bitcoin as a "payment option" like PayPal, but it does not replace their own reserve currency. A country like Japan already saw the advantages of being Bitcoin friendly and they will prosper in a global context.  Wink

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August 01, 2019, 01:11:39 PM
 #23

Well!!

Anthony pomplian the co-founder of morgan creek says that countries whether it’s China, Russian or the US, that embrace bitcoin would be frontrunners in the financial technology space.

What's your point of view on this?



Yes I do believe in what you say.in term of transaction in paying.if bitcoin can would be used all over the world life can make as so easy.if only bitcoin can be use in any kind of bills all over the world it make thing better and will really have an advantage in financial matter.

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