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Billionaire venture capitalist Chamath Palihapitiya says the US economy is not doing so well despite glowing reports to the contrary. In a new episode of the All-in Podcast, Palihapitiya shares data suggesting that government consumption accounts for much of the growth witnessed by the economy in the last few years. According to the billionaire, the economy would be in a dire state if you take away government contributions.

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According to Whale Alert, a dormant Bitcoin address dating back to Bitcoin's earliest days has been reactivated, resulting in an enormous gain of 169,358,650%.

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