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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

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Dec 31 4:00 PM EST

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To: maceng2 who wrote (177974)	9/9/2021 6:43:56 AM
From: TobagoJack	Read Replies (1) of 218884

Let’s keep in mind of some possible ground rules … bloomberg.com Bitcoin Could Eventually Collapse, Swedish Central Banker Warns Ott Ummelas September 9, 2021, 5:49 PM GMT+8 Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. The governor of Sweden’s central bank compared buying and selling Bitcoins to trading stamps, questioning the staying power of currencies without government backing. “Private money usually collapses sooner or later,” Riksbank Governor Stefan Ingves said at a banking conference in Stockholm. “And sure, you can get rich by trading in bitcoin, but it’s comparable to trading in stamps. While Bitcoin has gained from endorsements by the likes of Elon Musk and Cathie Wood of Ark Investment Management, some central bankers have compared to the tulip bubble of the 17th century, which ended in collapse. Ingves said earlier this year that Bitcoin and other cryptocurrencies are unlikely to escape regulatory oversight as their popularity grows. Before it's here, it's on the Bloomberg Terminal. LEARN MORE Sent from my iPad

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