BTC has become a necessary financial tool to preserve wealth in times of financial instability

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MarsBit
04-19
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According to Mars Finance, a new report from the International Monetary Fund (IMF) shows that amid global financial instability, BTC is increasingly becoming a key channel for cross-border capital flows.

According to the International Monetary Fund, residents of countries with strict financial regulation are turning to Bitcoin to transfer capital more freely across borders. The report highlights the large volume of transactions from countries such as Argentina and Venezuela, where citizens face hyperinflation and strict financial controls. In these regions, Bitcoin has become a necessary financial tool for preserving wealth and accessing global markets, rather than just a speculative investment.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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