Why the rise of bitcoin could be the first shot in a currency revolution - News Summed Up

Why the rise of bitcoin could be the first shot in a currency revolution


For the past few years, Dobson has been trading in cryptocurrencies, stockpiling a horde of digital coins that have suddenly skyrocketed in price. Among other methods, he said he uses bitcoin to buy other digital coins on crypto exchanges and sell them when they rise in price. - Stephen Poloz, former governor of the Bank of Canada"The whole point of cryptocurrency is that it's peer-to-peer, decentralized digital currency; it's immutable, it's uncensorable, and it's yours, purely yours," he said. People pass in front of a crypto currency 'Bitcoin Change' shop near the Grand Bazaar on December 17, 2020 in Istanbul. Where this is ultimately headed, he predicts, is a digital currency war.


Source: CBC News March 06, 2021 09:00 UTC



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