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The Bull Case for Bitcoin That Has Nothing to Do With Price Predictions
Bitcoin is one of the few widely recognized stores of value that no government can issue, freeze, or completely turn off. What's more, it's a lot easier to move and store than other assets with those same characteristics, like physical gold. And in a world where access to financial infrastructure is increasingly a lever of geopolitical power, these properties create demand for the crypto regardless of what the charts say about its price on any given day. Economic sanctions have long operated through the traditional banking system. Cut a country off from the Society for Worldwide Interbank Financial Telecommunication ... (full story)