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Tag: Government

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Bitcoin to Rise to $20K This Year Spurred by Government Money Printing and Covid-19: Bloomberg
Bloomberg has forecast bitcoin to reach its record high of $20,000, and possibly $28,000, this year.
According to the company’s June Crypto Outlook report, “something has to really go wrong for bitcoin not to appreciate in value.”
Bloomberg points to… Read full article
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Predatory governments D
Continue reading on Medium » Read full article
42min ago
Medium.com
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Chinese Government Crackdowns and Cheap Hydropower- Miners Migrate from North to South China
China-based bitcoin miners have started to migrate southbound from North China, according to local reports. The operators are having difficulties and are transitioning mining facilities for cheap hydro-powered electricity. Testimonials also show that 64 mining operations in the prefecture in… Read full article
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US Government Prediction: Economy Faces 10-Year Recovery, $8 Trillion Loss From Coronavirus
The U.S. Congressional Budget Office has projected that the coronavirus crisis will cost the U.S. economy about $8 trillion. Many factors play a part in shrinking the economy, such as business closures, social distancing measures, consumer spending, a drop in… Read full article
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Can the government block my wallet?
For a few days now I am stuck with a question:

Let's say, the government decides to regulate bitcoin wallets. You want to buy a bag of potatoes at your local supermarket, but in order to be able to pay… Read full article
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