30 Apr '17, 3pm

Is Bitcoin a Great Hedge Against Struggling Debt-Based Economies?

Is Bitcoin a Great Hedge Against Struggling Debt-Based Economies?

At this rate, fiat money is approaching its decline and the emergence of a decentralized and market-based currency such as bitcoin or any other cryptocurrencies that hold the philosophy of bitcoin could threaten the global financial system. The US is able to hold on to massive amounts of debt due to their leverage over the global economy and financial system. If it loses its leverage due to a complete restructuring of the financial system as a result of the popularization of bitcoin or other decentralized stores of value, the country could be placed under serious economic trouble.

Full article: https://www.cryptocoinsnews.com/bitcoin-great-hedge-strug...

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