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Second Biggest Bank in World Embraces Bitcoin

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“This is another insanely big story,” said Davis, referring to recent crypto adoption announcements by firms such as PayPal and Square. “It’s a big story for adoption, especially considering this is a Chinese state-owned bank that is officially accepting bitcoin in exchange for their bonds.”

However, Davis questioned the fiscal wisdom of trading bitcoin for paper – many analysts believe bitcoin will be worth six figures in a year’s time.

https://asiatimes.com/2020/11/worlds-second-biggest-bank-embraces-bitcoin/

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