Just as Hal Finney Predicted, Bitcoin Is Being Purchased to Act as a Reserve Currency

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While Terraform Labs is not precisely a bank, it is releasing its own digital money to make paying for things much easier– and it’s about to be backed by bitcoin. This is a huge offer for anybody with a beneficial interest in the Bitcoin system, even if you emphatically turn down altcoins (non-bitcoin cryptos; there is another, less lovely term for these).

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