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S&P 500
5,251.83
(
-0.29%
)
US TECH 100
18,142.40
(
-0.63%
)
Dow Jones
38,122.06
(
-0.83%
)
Brent Oil
82.53
(
-1.02%
)
Bitcoin
68,403.95
(
1.21%
)
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Zorax

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Zorax

Re: shajandr post# 152049

Friday, 05/10/2019 12:13:38 PM

Friday, May 10, 2019 12:13:38 PM

Post# of 221287

So, after this long anecdote, the point is that the upswing in BTC could very well be due to the Chinese peeples wanting to hedge their exposure to the yuan/RMB AND to gett assets abroad in a hidden form that the PRC would presumably have difficulty tracing and CONfiscating via BTC purses as a conduit and/or reservoir of that wealth.


While also willing to take the chance of their bitcoin wallet going poof into thin air or stolen.

There really isn't any thing safe about bitcoin.
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