Bitcoin's Potential and Perils: How Crypto is Disrupting Finance for Better or Worse
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Bitcoin and blockchain technology are revolutionizing the fintech industry by enabling faster, cheaper, and more secure transactions.
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Bitcoin facilitates financial inclusion by removing barriers to accessing financial services.
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Decentralized cryptocurrencies threaten traditional monetary policies and may enable tax evasion.
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Widespread Bitcoin adoption could increase energy consumption from crypto mining, especially in developing countries.
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While risky, Bitcoin diversifies investment options and has transformative potential for fintech and the broader economy.