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Janet Yellen Stars In A Mainstream Media Advertisement For Bitcoin


Crypto-currencies are not in a bubble, but national currencies, and financial assets, stocks, bonds, etc denominated in national currencies are in a bubble due to over replication of the national currencies via debt. The excess national currencies sloshing around are the bids on both traditional and non-traditional assets in effort to preserve purchasing power against a further future devaluation. Actually, the crypto craze is a symptom of the ongoing national currencies' devaluation.

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