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Economist Says Bitcoin Isn’t Too Big to Fail — Warns BTC Can Only Establish Itself if Governments …

Economist Says Bitcoin Isn’t Too Big to Fail – Warns BTC Can Only Establish Itself if Governments Allow It – Regulation Bitcoin News

Allianz’s chief economic advisor Mohamed El-Erian says that bitcoin is not too big to fail and that governments may intervene. While he believes that cryptocurrency will grow in popularity, the economist says “it takes away a lot from governments,” adding that this asset “can only establish itself if governments allow it to.”