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Former IMF Deputy Director Believes More Companies Will Welcome BTC As A Payment Method

Mary Liu

Summary: Mohamed El-Erian, an economist, former deputy director at the International Monetary Fund (IMF), told CNBC that Bitcoin will be accepted as a payment option by more companies. "The argument for Bitcoin is evolving. It used to be a negative argument," said El-Erian. He also mentioned that Tesla's driving effect will make more companies welcome Bitcoin, ...

Mohamed El-Erian, an economist, former deputy director at the International Monetary Fund (IMF), told CNBC that Bitcoin will be accepted as a payment option by more companies.

"The argument for Bitcoin is evolving. It used to be a negative argument," said El-Erian.

He also mentioned that Tesla's driving effect will make more companies welcome Bitcoin, Tesla showed the world that Bitcoin can now not only be regarded as an investment tool but also be viewed as a payment method, he added: "I think you will see more companies do that."

By Mary Liu

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