Let The Free Market Regulate The Value And Efficiency Of Bitcoin

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This is an opinion editorial by Kelly Slaughter, an associate professor of professional practice at the Neeley School of Business at Texas Christian University.

With elections coming up next month, it’s almost impossible to find common ground between liberals and conservatives. But there’s one subject that should unite red and blue voters: keeping bitcoin free from government regulation.

To make this case, compare bitcoin to a potential central bank digital currency (CBDC), currently being explored per a recommendation from a recent White House report. A CBDC fails to provide all the benefits of bitcoin while introducing new risks.

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