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BitPay and Coinbase have publicly defended an increase in the block size limit as proposed by Bitcoin core developer Gavin Andresen.
While the success of cryptocurrencies has been much highlighted in developed countries in 2013, 2014 is certainly the year when digital currencies will embrace emerging markets.
Of the 17 startups graduating the Boost CV incubator this year, seven of them were focused around Bitcoin.
As their country has imposed strict capital controls amid years of double-digit inflation, Argentines have shown a significant interest in Bitcoin.
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