Domino Effect: Is India The Start Of Weaker Governments Banning Bitcoin?
This week, it was revealed that India would seek to impose some of the most stringent rules globally on cryptocurrencies, banning citizens from owning, trading, transferring, or mining assets like Bitcoin and altcoins. The move comes as cryptocurrency technology captures the interest of the financial world, Bitcoin grows considerably, and India plans to introduce its own digital currency framework. But could this be the start of a domino-like effect where other weaker governments and economies […]
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PRESS RELEASE. Global blockchain technology organization ABBC Foundation announced a new crypto trading hub through its next-generation decentralized exchange (DEX) – DOMINO. Target launching of the DEX is on July 18, 2022.
ABBC Foundation declared that DOMINO will boast enhanced security protocols to facilitate a safe and efficient trading environment.
DOMINO DEX will allow its users to have the freedom to take advantage of low trading costs, no additional fees, and no minimum requirements needed. DOMINO DEX will only charge minimal fees; however, the fees can....
With the current fiat based economy, no one can escape recession. The threat of recession has been constantly looming over the heads of major economic powers like the United States for over a decade now. Recession is caused by uncontrolled rise in deflation resulting from falling market demand. The fall in demand, if left unchecked can create a domino effect resulting in a massive decline in a nation’s GDP. The Great Recession of 2008-09 is one of the best examples of how a recession can affect not just the governments and big corporations, but individuals as well. Governments and Central....
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The founder of the world’s largest hedge fund and macroeconomic genius Ray Dalio recently revealed his concerns over governments banning Bitcoin. In response, we’re outlining all the key reasons why this simply will not happen, and even if it did, it wouldn’t stop the cryptocurrency from continuing on. Why Banning Bitcoin Won’t Happen, And Governments Can’t Stop It Ray Dalio is the founder and co-chairman of Bridgewater Associates, the world’s most successful hedge fund. His […]