US Feels Threatened by Increasing Popularity of Bitcoin and Other Cryptocurrencies
The US government is has got a lot invested in finding ways to disrupt the creation and usage of new cryptocurrencies. The United States has gotten used to being the top dog in the world’s economic system, thanks to the wide adoption of US dollar as reserve currency. The US economic system was probably responsible for the creation of Bitcoin as well. The digital currency was first introduced during the aftermath of US financial crisis brought upon the world by the country’s banking system. Now, the increasing popularity of Bitcoin has threatened the dominance of US dollar and the country’s....
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