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Don’t Assume ‘Government Tolerance’ of Bitcoin - Allianz Chief Economist

Mohamed El-Erian. Mohamed El-Erian, Chief Economic Adviser of German insurer Allianz, said that the rapidly rising interest in bitcoin (BTC) by investors worldwide is triggered by their belief in a continued private sector adoption, but that the cryptocurrency will establish itself only if governments permit it to. The President of Queens’ College, a constituent…

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