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Cryptocurrencies rise in popularity in world’s conflict zones

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February 09, 2021 at 07:05PM

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Libya, Palestine and Syria near top in online searches for bitcoin and other digital forms of money, analysis finds

People in the world’s major conflict zones are turning to cryptocurrencies such as bitcoin as soaring values and the backing of super-rich investors make them more attractive.

Online searches for bitcoin, ethereum and dogecoin have increased in Libya, Syria and Palestine, pushing aside the usual focus of interest in stock markets and safe-haven investments in gold and property.

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