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Bank of Canada Report Suggests Bad News for BTC

Cryptocurrency is growing in popularity amongst traders and investors, but according to a new report issued by the Bank of Canada, most people that own cryptocurrency don’t really understand it, and are simply getting involved as a means of taking part in a trend. Bank of Canada: Financially Illiterate People Are Likely to Get Involved in BTC The report says that people who are financially illiterate are far more likely to hold cryptocurrency than those that have been investing or trading for a long time. Published at the end of August, the bank says it’s time for people to take…

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