Bitcoin Demand May Soon Increase in Brazil Following Constitution Amendment

Bitcoin Demand May Soon Increase in Brazil Following Constitution Amendment

Following the implementation of constitutional amendment and austerity measures, the demand for Bitcoin may increase in Brazil. The demand for Bitcoin is driven by various geopolitical and economic factors. Few events influencing the increasing demand for Bitcoin in recent times include Greek economic crisis, Brexit, falling Chinese yuan, US presidential elections, demonetization of the Indian rupee, Venezuelan economic meltdown and more. Brazil may soon join the list following the implementation of the new constitutional amendment. The implementation of a new constitutional amendment will....


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