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CoinRank News: Mike Belshe, CEO of BitGo, wrote on the X platform that when the market mentions monopoly abuse in currency, it refers to the sanctions control by the United States. Tariffs are not monopoly abuses. All countries can use tariffs. Sanctions prevent trade between non-US countries. Currently, there are only three viable currencies in global trade: US dollars, gold and Bitcoin. Due to the threat of sanctions, the US dollar will become unfeasible, and gold is difficult to cash in physically. In comparison, Bitcoin is easier to understand, but Bitcoin has not yet won enough trust, so the market is still acting cautiously.
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