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Governments Looking To Buy Bitcoin, Says New York Digital Investment Group CEO


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Paul confirmed Gutmann’s disclosure, mentioning that Singapore’s sovereign wealth fund Temasek was certainly a Bitcoin investor.

In a recent tweet , Paul distinguished the approaching ingress of sovereign wealth funds into the crypto domain as a “wall of money.”

As per Gutmann, investors are re-evaluating their portfolios. He said:

“If you look at the world today on a forward basis, it is reasonable to be asking yourself as an investment committee or as an allocation committee [if] having all of [their] assets denominated in dollars against dollar-denominated liabilities is the right allocation mix.”

ufc 190 cryptocurrency GIF

 

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Every mayor tried to stop Über, but 50m Americans wanted it and now we have it. It’s going to be the same with #Bitcoin - former US Comptroller of the Currency,

@BrianBrooksOCC

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Bank of Korea believes central bank digital currencies will lower demand for Bitcoin

In other news, Microsoft is about to release its iPod killer - the Zune

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