Cryptocurrency will tank

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Economist explains the two futures of crypto - Tyler Cowen
FTX, the trading platform founded by Sam Bankman-Fried, in a court filing on Tuesday detailed plans to sell crypto tokens still held by the firm. kidtoken.org � backgrounder � crypto-question-bitcoin-digital-dollars-and-. People buy cryptocurrencies �because of a speculative belief that these tokens are going to go up in the future, because a new future is being built on the.

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It is aimed at the smart economy and is working closely with the Chinese government to grow the cryptocurrency ecosystem within the country. Such bullish Bitcoin predictions stem from expectations of increased global adoption, technological progress in blockchain, institutional investment and favourable regulatory shifts. Sciberras says a bullish future for Bitcoin may depend on the sturdiness, or lack thereof, of traditional banking frameworks. Is Bitcoin a good long-term investment?