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TopicEthereum broke its all time high [crypto]
Sad_Face
01/21/21 7:08:18 AM
#16:


Kaliesto posted...
It would be somewhat unknown territory how Bitcoin in general would react in a economic downturn.

Venezuela was making good use of it when its economy went down the drain back in 2018. People sent BTC remittances to their family members and and others donated quite a bit to get natives the supplies they needed as the government at the time was taking a 30% cut in remittances and it took weeks for the transaction to go through compared to the BTC which takes minutes to go through.

If you're in ETH, hodl. The economy going bust is only going to give Decentralized-Finance a platform to show its worth.

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