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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 398.60-4.4%Dec 29 4:00 PM EST

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To: maceng2 who wrote (193414)11/10/2022 9:09:33 AM
From: Haim R. Branisteanu1 Recommendation

Recommended By
Pogeu Mahone

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In another venue - we discussed before - crypto currency

How El Salvador Lost All Bitcoins On FTX

medium.com@officialcryptohub0/how-el-salvador-lost-all-bitcoins-on-ftx-b18c2394ec6a


It’s been a year since El Salvador’s president Nayib Bukele adopted a Bitcoin standard in his country. Since then, the value of Bitcoin has crashed by -76%. Yesterday, the second biggest crypto exchange FTX went insolvent. Many people are speculating that El Salvador is holding their Bitcoins on FTX, which would mean that all their Bitcoins are gone. This news has sent shockwaves throughout the cryptocurrency community…

El Salvador’s president Nayib Bukele made headlines last year when he announced that his country would be making Bitcoin legal tender. Bukele invested $375 million into Bitcoin with his country’s funds. The move was seen as a vote of confidence in the cryptocurrency, and the value of Bitcoin surged in the aftermath.
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