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Coinbase CEO Brian Armstrong noted the possibility of digital currencies and cryptocurrencies such as bitcoin replacing reserve currencies such as the US dollar.
Blockchain partnerships offer an explanation for the increase in market capitalization of various cryptocurrencies and the consequent surge in Bitcoin price and the price of other coins.
The US bitcoin exchange market briefly overtook Japan to become the largest bitcoin exchange market in the world, amidst serious economic uncertainty.
Australian consumers have used Living Room of Satoshi to pay over $5 million in household bills.
Blockchain technology is still largely the preserve of the tech savvy and yet its benefits are widely lauded across the financial sector and increasingly so across others.
Love him or hate him (I frequently do both), philosopher Stefan Molyneux makes an interesting point when he says that while many stand to see incredible lifestyle gains from Bitcoin, others stand to lose. And it’s those who stand to lose who will try to foil Bitcoin at every turn.
While Bitcoin can be used by almost everyone to buy almost anything online, we were interested in discovering which countries are the most accommodating when it comes to locations where people can spend Bitcoin.
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