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Shortages of Hard Currency in Cuba Show the Value of Bitcoin

Demand for hard currency, such as dollars or euros, is rising in Cuba. Efforts to end the nation’s dual currency system have prompted fear of instability, encouraging citizens to seek out potentially less volatile vehicles to store wealth in, weirdly enough, such as Bitcoin. The rising demand has made it difficult for individuals to acquire […]

The post Shortages of Hard Currency in Cuba Show the Value of Bitcoin appeared first on BeInCrypto.

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