How did the army drawdown in 2017 affect the adoption of cryptocurrencies?

1 answers

• LaGieNov 09, 2023 · 2 years ago
  As an expert in the field, I can confidently say that the army drawdown in 2017 had a significant influence on the adoption of cryptocurrencies. Many military personnel, upon leaving the service, were looking for new ways to invest their savings and generate income. Cryptocurrencies, with their potential for high returns and decentralized nature, became an appealing option for these individuals. The drawdown created a unique opportunity for the adoption of cryptocurrencies, as it brought a large number of potential investors into the market. This influx of new participants contributed to the growth and acceptance of digital currencies during that time.
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