Bitcoin is future economic for the world- Do you know, Check details here

Bitcoin is future economic for the world– In today’s time, most people are talking about cryptocurrency, apart from the common people, many countries of the world are talking about regulating cryptocurrency and some countries have regulated, and some countries have also declared cryptocurrency as legal tender.

Bitcoin is future economic for the world

From rising oil prices to inflation at levels not seen in decades, the Russian invasion had a huge impact on economies around the world. In addition, the emergence of cryptocurrency – bitcoin – served as a savior for Ukraine on the one hand, and a means for Russia to escape the sanctions imposed on it on the other.

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Read More:- Ukraine Launches NFT War Museum: The world first NFT-museum, The Proceeds will go to the Ethereum wallet of the Ministry of Digital Development, and from there to humanitarian needs

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Cryptocurrency– Bitcoin

It is also worth noting the ongoing debate between governments and financial institutions as to whether banning the cryptocurrency– bitcoin – is a comfortable solution for countries’ economies, and limiting investment in (traditional) fiat currency funds.

Canadian-Irish millionaire Kevin O’Leary

In an interview with Canadian-Irish millionaire Kevin O’Leary with the media about the future of cryptocurrency and his banning led by bitcoin, he said:

“There is no chance to ban bitcoin or anything else that holds the economic future in terms of the development of new technologies for financial services and payment systems.”

Next big cryptocurrency

Next big cryptocurrency– There are many cryptos in the cryptocurrency segment that have a lot of potential, ethereum, cardano, polkadot, polygon, panchkeswap etc.

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Read more: – Definition Centralization and Decentralization- What is Decentralization?

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Hedge fund manager doesn’t rule out sanctions

In protest of O’Leary’s position, hedge fund manager and founder of RG Niederhofer Capital Management Roy Niederhofer refused to ban cryptocurrencies – bitcoin – and Niederhofer, and Niederhofer signaled to investors that owning gold has a period. . Also banned in the United States. where he said:

“There is a possibility that bitcoin will be banned. Private ownership of gold is banned in many countries, including the United States. However, if bitcoin is banned, it will create an environment of chaos and hyperinflation. will do.”

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See more: What is CEX and DEX Trading Platform- Centralized Trading Platforms vs. Decentralized Trading Platforms!

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Regulation of the crypto space

Both speakers agreed that while regulation of the crypto space is imperative, it will lead to a huge increase in the value of the cryptocurrency.

According to O’Leary, speaking to the media:

“Once we put cryptocurrency regulation in place, institutions will spend trillions of dollars. Those who were speculators would benefit from the fact that it would be indexed and the trend would be huge.

Bitcoin is future economic for the world- In today's time, most people are talking about cryptocurrency, countries of the world are talking about regulating cryptocurrency #deeanatech #Bitcoin #Cryptocurrency #digitalassets #CryptoFutureEconomichttps://t.co/jOdGUpT5OL pic.twitter.com/Ek2WHPZpOr

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