Investment Opportunities for Bitcoin: Pros & Cons

This is one of the digital currencies as we have mentioned. It is also one of the oldest with the first issue of 2,625,000 being introduced to the market in 2009. As of now, this figure changes after every 10 minutes because miners keep producing more bitcoin when they confirm and process transactions through mining. However, we have reached 17M BTC in 2019.

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Bitcoin Prices might increase by 165% because of Trump Inflation

Trump’s spending plans would raise the US national debt to $20 trillion and the national deficit to $1.2 to $1.8 trillion which lead to higher interest rates and a super strong US dollar if implemented, Steen Jakobsen wrote in his Outrageous Predictions newsletter. Jakobsen is the Chief Investment Officer and Chief Economist at Denmark’s Saxo Bank.

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