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Banks the Bitcoin whales

Cryptocurrency exchanges act like banks for crypto-users. You can exchange your traditional money like dollars or pounds for Bitcoin and other digital tokens. Investment firms like Grayscale, BlackRock and Fidelity, are pouring billions of dollars into buying the volatile digital asset. Because of Bitcoin’s system there will only ever be 21 million bitcoins. 19 million have been created, but many are already accounted for and probably off the market.Estimates for how many bitcoins are lost forever vary between three million to as many as six million. Bitcoins can be lost because people forget the details of their digital wallets – there is no ‘customer support’ in Bitcoin. Do you think that the investment banks are manipulating Bitcoin prices ?

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