Our Dream ๐ฅบ๐ฅ
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๐ ๐ซ๐๐ฌ๐๐ฌ๐ฅ, ๐รบ๐ฌ๐ข๐๐๐ฌ ๐ถ, ๐๐ง๐๐ฎ๐๐ฌ๐ญ๐๐ฌ๐, ๐๐จ ๐ฆ๐๐ฌ ๐๐จ๐ญ ๐, ๐๐ฆ๐๐ ๐๐ง๐๐ฌ๐ธ, ๐ฒ ๐ฆ๐๐ฌ ๐คซ
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Should I buy bitcoin?
โTo the extent it is used I fear itโs often for illicit finance. Itโs an extremely inefficient way of conducting transactions, and the amount of energy thatโs consumed in processing those transactions is staggering,โ the former Fed chairwoman said. Yellenโs comments have been cited as a reason for bitcoinโs recent losses. However, Yellenโs assessment of bitcoin as a inefficient medium of exchange is an important point and one that has already been raised in the past by bitcoin bulls. Using a volatile asset in exchange for goods and services makes little sense if the asset can tumble 10% in a day, or surge 80% over the course of a two months as bitcoin has done in 2021, critics argue. To put a finer point on it, over the past 12 months bitcoin has registered 8 corrections, defined as a decline from a recent peak of at least 10% but not more than 20%, and two bear markets, which are defined as falls of 20% or more, according to Dow Jones Market Data.
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Our Dream ๐ฅบ๐ฅ TG
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