Emerging Markets Create Illusion of Bitcoin as a Global Currency24.68

Many investors hoped Bitcoin’s price would rally as pressure increases on emerging market currencies like the Turkish Lira. Instead, Bitcoin is following the downward trend of these currencies.

Economist Panos Mourdoukoutas, writing for Forbes, describes the prospect of Bitcoin replacing national currencies as a myth.

Original source
https://bitcoinist.com/emerging-markets-create-illusion-of-bitcoin-as-a-global-currency/

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