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Home » Altcoins » Bitcoin » News » Rand Paul Vouches for Bitcoin at NY Fundraiser Event

Rand Paul Vouches for Bitcoin at NY Fundraiser Event

Considering crypto-currency is a relatively novel technology, many are yet unfamiliar alongside it as well as don’t sympathise the concept. Consequently, public visit of Bitcoin is mostly viewed with an air of skepticism, from laymen to economists, as well as met alongside accusations of being a bubble or a Ponzi scheme. There convey fifty-fifty been embellishedreports proclaiming “the function past times of bitcoin” published past times diverse tidings outlets at unlike points inwards time. This form of criticism has diminished inwards recent years, as price charts have begun to show a positive correlation between bitcoin’s cost as well as increase inside it’s market. With to a greater extent than as well as to a greater extent than people becoming familiarized alongside the currency there is a skillful possibility we tin facial expression this tendency to continue in the future.
Also read: New York’s BitLicense Faces Competition From Rand Paul Event
Still, other concerns routinely attach themselves to Bitcoin, such equally its perceived connections tocriminal activities, drug dealers, as well as terrorists. These worries add together to the mystique of Bitcoin that both fascinates users as well as incites attempts past times outsiders to regulate it.  
American Banker
Images: The Fashionisto, Imgur
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  • Trevor Hill
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