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P.Daddy
@zeuzz
TLDR; Regardless of who becomes the next US president, cryptocurrencies are likely to rise due to continued money printing and inflation. The US could invest in gold and BTC to solve some economic problems, but it is unlikely that will happen as it will weaken the dollar. The problem is not so much SEC Chairman Gary Gensler, but rather outdated laws that need to be changed. The involvement of companies like BlackRock in the crypto industry could lead to its centralization. When you purchase cryptocurrencies through these companies, you don't actually own the cryptocurrency, but a derivative of it. Bitcoin could reach very high prices in the current cycle, from $100k to $1 million, amid changes in the global economy.
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