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For instance, volatility is less of a deterrent to crypto adoption in countries such as Argentina, where legal tender isn’t exactly reliable. They shared thoughts on the market as a whole and also discussed how Latin America’s woes are creating tailwinds for crypto.
But the price kept rising, and though Bitcoin was never widely adopted as a means of payment, it became something else: a decentralized version of digital gold that feeds on computing power to keep its transactional network secure. Some nation-states, such as ElSalvador , have even opted in. investment companies.
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