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Italy’s Currency Issues Could See BTC come Out On Top

The Italian government is currently making a decision to issue a ‘parallel currency’. This is in a move that could see the eurozone crash into a crisis. For Bitcoin, this could see mainstream adoption.

On top of this, the Italian deputy minister proposed a tax grab on cash and valuables stored in safety deposit boxes.

These crisis policies show some pretty intense holes in the fiat monetary system. A move which pushed Rebecca L. Spang (currency historian) to call for a new foundation of money.

“The time has come for a new, more equitable, version of money.”

Whereas cryptocurrency wasn’t specifically mentioned by the historian, the crisis in Italy does build up a big argument for Bitcoin and the gang.

You see Spang’s tweet below. Sounds like Bitcoin would be…

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