Bitcoin digital currency instead of dollars
Economy News
Last updated 08/01/2017
- 13:16
A report issued by the "Sasco Bank", the rise of digital currency "Bitcoin" value in the era of US President-elect Donald Trump, to more than $ 2100.
He said, "Sasco Bank", an international letter Investment Bank, in a report entitled "stringent expectations in 2017's " which was published in the December / December that the expected increase in fiscal spending by Trump's management would cause increase in the budget deficit from $ 600 billion to 2.1 to 8.1 trillion dollars
This will lead to a sharp and rapid rise in growth and inflation levels as the US Federal Reserve will be forced to speed up the rally, at a time when the US dollar will record new highs
And it will cause it to happen graded effect in emerging markets , especially China, which began looking for alternatives to the private banknotes backed the US dollar to its system, as well as over-reliance on US monetary policy
Also will lead to the growing popularity of alternative digital currencies encrypted and with accepted banking systems and sovereign entities in countries such as China and Russia to coin the Bitcoin , the digital currency will grow by 3 fold, to reach US $ 2100 dollars compared to the current level of $ 900
And increased the Bitcoin Since the beginning of the year 2016 from $ 400 up to Saturday January 7 to $ 878.30, after he had scored earlier this month read at $ 1100
And "Alpetkoan" is the virtual currency of the design of the unidentified person known as Satoshi Nakamoto and somewhat similar to known as dollar, euro and other currencies but with several key differences
Most notably that "Alpetkoan" is a fully electronic money trading online only without the presence of a physicist . It also differs from traditional currencies that there is no central regulatory body behind it , but can be used like any other currency to buy online or even converted to traditional currencies
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