$50,000 Bitcoin and the New World Order
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Pakistan, Feb. 18 -- Bitcoin's meteoric rise to $50,000 in the third week of February was yet another milestone achieved by the digital currency. But, as digital-coin holders and enthusiasts celebrate their gains,this phenomenon has sent political scientists wondering; if the rise of the nascent asset class has accelerated geo-political changes: melt down of existing world order.
The year 2021 has been a breakout one for Bitcoin hitherto, as its price had not just quadrupled in the last year, but, is up more than 60% since the beginning of this year. Bulls claimthe bitcoin price magic is down to a heightened demand from institutional investors and a perception of the digital coin as a store of value similar to gold. But, contrasting bear...
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