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Economy at top of mind for voters ahead of debate
While unemployment remains low, stubborn inflation and high prices have made the economy a central issue going into the November election, and voters are looking to President Biden and former President Donald Trump to address it in Thursday's debate. Jo Ling Kent has...
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The underlying technology of Bitcoin though has much potential, of creating entirely new ecosystems of distributed trust vs centralized clearing.
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So while it's debatable if the currency is priced correclty, the distributed economy powered by Blockchain will be a game changer.
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- Walt Disney
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@joecavalry is right.
a big part of bitcoin's recent surge is the increase in demand for other digital currencies being sold in so-called "initial coin offerings," or ICOs. Under ICOs, blockchain start-ups sell their tokens directly to the public to raise capital without any regulatory oversight.
At least 40 start-ups have launched an ICO this year, according Smith + Crown data.
http://www.reuters.com/article/us-markets-forex-bitcoin-idUSKBN1852DL
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