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OTC Deals

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OTCbid - As Russia invaded the Ukraine, bitcoin plunged — here's what Sam Bankman-Fried, Michael Saylor and other top voices in crypto had to say about it

 

 

 

 

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" Russian forces attacked Ukraine from several directions Thursday, starting a large-scale invasion that had been brewing for days.

Financial markets reeled and cryptocurrencies tumbled as investors sought out safe-haven assetsBitcoin fell to its lowest in weeks, and strategists said it could drop to $30,000 if the crisis worsens.

That raised questions about bitcoin's role — as a haven asset, a resource for the unbanked, and an authority-free zone. Here's what five leading voices in crypto had to say about it.

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Bitcoin bull Michael Saylor

"Nation state conflicts create uncertainty, constrain production, weaken currency, cripple trade, and undermine credit, making investments in debt & equity riskier and underscoring the benefit of converting treasury assets into pure digital energy – Bitcoin," the MicroStrategy CEO said in a tweet.

"Wars create inflation, cripple commerce, and make bitcoin compelling," he added.

" - Read Full Article
 

Source: Business Insider

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- OTCbid
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(Buyer :  SLUK...PAS-TELE)

Post: 28.2.22

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