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Enrique Dans for dummies

Bitcoin is emerging as a viable alternative currency

30 Dec 2024

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Enrique Dans's Medium article discusses the growing adoption of Bitcoin as an alternative currency. The article highlights El Salvador's substantial Bitcoin investment, Singapore's efforts to attract cryptocurrency businesses, and Russia's use of Bitcoin to circumvent sanctions.  Dans also mentions Donald Trump's potential interest in Bitcoin, suggesting a shift in global financial dynamics. The piece concludes that countries using Bitcoin as a store of value and transaction method appear poised for success in a changing economic landscape.  Reader comments raise questions about the accuracy of some figures and discuss Bitcoin's legality in various countries. This article is also available in English on my Medium page, «Bitcoin is emerging as a viable alternative currency«

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