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BTCS CEO on Bitcoin’s Resurgence, U.S. Crypto Innovation Amid China's Ban

cryptocurrency 1 week ago
Charles Allen, CEO and chairman of blockchain infrastructure company BTCS, joined Cheddar to talk about the steady climb of bitcoin after it reached $57,000 following a stint of volatility. Allen compared bitcoin's recent surge to how society values gold and said it could hold the same weight if there's enough confidence in the coin as a "long-term store of value." He also noted that China’s crypto ban has given the U.S. a unique opportunity to drive innovation in the space.
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