Hillary Clinton warns Bitcoin could ‘undermine currencies’ and destabilize nations

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Hillary Clinton warned the rise of cryptocurrencies could threaten the status of the U.S. dollar as the world’s reserve currency and destabilize nations.

The former secretary of state said China appears poised to prevent payment systems such as cryptocurrency from “playing a big role” in the nation because “they recognize, given their nationalism, perhaps earlier than other nations … that this could be a direct threat to sovereignty.”

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