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Since their inception in 2009, cryptocurrencies have gradually surged in popularity. Many aspects of these digital currencies remain enigmatic, fostering numerous myths and misconceptions. Presented here are some prevalent myths, along with an insightful exploration of facts to discern the authenticity underlying these beliefs. Most believe falsely that cryptocurrency transactions predominantly facilitate illegal activities.…
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Despite disagreements among Bitcoin enthusiasts, the majority of specialists concur that its price escalation resembles a bubble. Instead of pondering if, they are more concerned about the timing of its potential crash. The pertinent inquiry thus becomes: What repercussions might ensue from such a plunge? Citing a recent report, the Financial Stability Oversight Commission…