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The Bank Of England Governor Proposed A Radical Competitor To Bitcoin And The US Dollar

The Bank Of England Governor Proposed A Radical Competitor To Bitcoin And The U.S. Dollar

Bitcoin and cryptocurrency competitors are in vogue at the moment with both social media giant Facebook and China planning their own digital currency projects. The bitcoin price, despite suddenly plummeting this week, has climbed this year largely because the likes of Facebook and South Korean technology behemoth Samsung have tacitly endorsed bitcoin and cryptocurrency technology, helping it to somewhat recover from a disastrous 2018.