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Capital Group | The pros and cons of Bitcoin

Bitcoin

Rarely has an emerging technological development captured as much attention as Bitcoin in such a short period of time.

The debate over Bitcoin — and the cryptocurrency craze has spawned — runs the gamut from advocates who see it has the future of finance to skeptics who compare it to a classic pyramid scheme. As the arguments intensify, so have the stakes: The market capitalization of the crypto universe has increased from roughly $200 billion in 2019 to more than $2.2 trillion at the end of 2021.

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