Cash Inflow In Emerging Markets Can Be Positive For Bitcoin

Cash Inflow In Emerging Markets Can Be Positive For Bitcoin

Jamie Anderson, a managing principal at Tierra Funds, seems convinced there is data showing these countries are recovering. At the same time, these inflows are only a drop of water on the boiling plate at this stage. For those people who were dreaming of a cashless future, that situation will not become a reality anytime soon. Emerging markets are suddenly receiving bucketloads of cash, to buy stocks and bonds. Interestingly enough, both emerging markets and developing countries are reaping the benefits of this change. It has to be said, a record amount of cash funds have been flowing to....


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