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Published 1 year ago

Billionaire Tim Draper Urges Sri Lanka to Adopt Bitcoin — Central Bank Says 'We Don't Want to Make the Crisis Worse' – Regulation Bitcoin News

Summary by Ground News
Billionaire investor and venture capitalist Tim Draper reportedly tried to convince the Sri Lankan government and central bank to adopt bitcoin. However, the governor of the Central Bank of Sri Lanka rejected his recommendation. Draper has long been bullish about bitcoin due to the cryptocurrency's trait as a hedge against inflation.

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