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Bitcoin is too big to fail now; Trump and Fed Chair’s acknowledgement proves its growing significance

It is slowly becoming an impossible year to keep your eyes off from. Not only has Bitcoin and its family of cryptocurrencies outperformed most traditional stocks and assets, but today everyone from a small-time trader to the President of the United States, is tweeting about the digital asset.

Speaking about the President of the United States, Donald Trump made headlines recently after he tweeted that he wasn’t a fan of Bitcoin.

Trump said that Bitcoin and other cryptocurrencies only satisfy illegal activities in the market, while also claiming that Facebook’s Libra will find it difficult to stay on its feet without the characteristic of “dependability.” Following his comment, many were quick to defend the crypto-ecosystem, with the likes of Jesse Powell, CEO of…

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