Published On: Fri, Feb 2nd, 2018

Why Bitcoin Can Be The New Economic Freedom Index

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Can Bitcoin be even better than the Economic Freedom Index in measuring the degree of economic freedom in the world’s nations?
Fear, Uncertainty, Doubt
Read the mainstream press about Bitcoin, and you’ll see headlines such as China Bans Bitcoin, South Korea Too!, Russia Plans to Ban Bitcoin, India Says Bitcoin is Not Legal Tender etc. Meanwhile, a dubious group of regulators appears to be waiting on the sidelines ready to crack down with swat teams and helicopters on standby.
Scared yet?

Sure, this type of information can be a powerful in not only keeping new potential cryptocurrency buyers at bay but also sowing doubt in the minds of existing holders.
Whether the press putting such a spin is deliberate disinformation or an attempt to simply get more clicks is largely irrelevant as influential individuals on social media and even government officials have been found pushing their own ‘fake news’ to profit from the resulting price action.
But don’t press Sell just yet. One must first consider not only the repercussions of a potential Bitcoin ban, but also whether such a law can even be enforced.

#Budget2018Wrong interpretation: Bitcoin is …

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