This is a clear example of an incompetent government with an economy totally linked to the oil price. After oil price has fallen, the economy has collapsed. But just organically people have started to use bitcoin more and more as the way to be able to do they daily living transaction needs.
It is a clear evidence that Mr. Dimon, JP Morgan CEO is absolutely incorrect on his speech.
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Or doing what the do best and that is to discourage bitcoin and any crypto while they buy it up.
Always manipulating the market, and crypto is huge!