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RE: Venezuelan’s Are Buying Record Amounts of Bitcoin

in #bitcoin8 years ago

Although this is sad for Venezuela, it's good for BTC because it pushes demand up. Each time county's government is in trouble, bitcoin goes up in value goes up. Same as gold or other precious metals that are considered safe heavens when people have less currency alternatives.

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Venezuela won't be the last country to get into financial trouble!

You got that right..