{"headers":{"Content-Type":"application\/x-www-form-urlencoded"},"body":"source_lang=&target_lang=NL&tag_handling=xml&split_sentences=1&preserve_formatting=1&text=Coin+Center+director%3A+Bitcoin+won%27t+dominate+the+global+economy&text=According+to+Peter+Van+Valkenburgh%2C+Bitcoin+might+be+a+vehicle+for+financial+freedom+in+some+regions%2C+but+will+likely+be+investment+for+most.&text=Peter+Van+Valkenburgh%2C+research+director+at+Coin+Center+believes+that+%3Ca+title%3D%22Is+Bitcoin+Evolution+A+Scam%3F%22+href%3D%22https%3A%2F%2Fwww.coininsider.com%2Fbitcoin-evolution-review%2F%22+data-replaced%3D%22true%22%3EBitcoin%3C%2Fa%3E+is+probably+not+going+to+dominate+the+financial+system+in+the+future%2C+despite+the+direction+bulls+think+the+%3Ca+title%3D%22Crypto+Trader%22+href%3D%22https%3A%2F%2Fwww.coininsider.com%2Fcrypto-trader-review%2F%22+data-replaced%3D%22true%22%3Ecryptocurrency%3C%2Fa%3E+industry+is+headed+in.+%3Cstrong%3EBold%3C%2Fstrong%3E%0A%0AVan+Valkenburgh%C2%A0%3Ca+href%3D%22https%3A%2F%2Fwww.c-span.org%2Fvideo%2F%3F512072-5%2Fwashington-journal-peter-van-valkenburgh-discusses-cryptocurrencies-government-regulation%22+target%3D%22_blank%22+rel%3D%22noopener+noreferrer+nofollow%22%3Eoffered+his+opinion+on+the+matter%3C%2Fa%3E+in+a+recent+interview+with+the+Washington+Journal+on+C-Span%2C+saying+that+he+thinks+Bitcoin+might+be+helpful+in+%22oppressive+states%22+where+the+banking+system+is+shakey.+But+he+does+not+see+the+cryptocurrency+rocking+the+economy+across+the+world+entirely%3A+%3Cstrong%3EBold%3C%2Fstrong%3E%0A%0A%3Cem%3E%E2%80%9CI+think+there%E2%80%99s+folks+in+the+Bitcoin+community+who+probably+make+too+many+noises+about+how+Bitcoin+is+going+to+dominate+all+economic+systems+and+nobody+will+be+using+dollars+anymore%2C+and+nobody+will+be+using+banks+anymore%2C+and+I+think+that%E2%80%99s+actually+a+little+foolhardy.%22+%3Cstrong%3EBold%3C%2Fstrong%3E%3C%2Fem%3E%0A%0AHe+added%3A+%3Cstrong%3EBold%3C%2Fstrong%3E%0A%0A%3Cem%3E%22The+fact+of+the+matter+is+that+there%E2%80%99s+going+to+be+times+when+a+Bitcoin+transaction+is+what+you+want.+Definitely%2C+if+you+are+in+an+oppressive+state+like+Nigeria+or+Belarus+you+might+find+it+more+useful+to+use+Bitcoin.+In+the+U.S.%2C+we+have+a+pretty+stable+banking+system.+We+have+the+rule+of+law%2C+we+have+a+pretty+well-functioning+government.%E2%80%9D%3C%2Fem%3E%0A%3Ch2%3EVan+Valkenburgh%3A+Bitcoin+more+of+an+investment+than+a+financial+stir%3C%2Fh2%3E%0ADepending+on+the+region%2C+Bitcoin+offers+different+major+use.+In+some+countries%2C+according+to+the+research+director%2C+Bitcoin+offers+itself+as+a+speculative+asset+that+investors+will+use+to+pad+and+expand+their+portfolios.+In+other+countries%2C+however%2C+the+token+can+be+implemented+to+act+as+a+means+for+more+flexible%2C+faster+transactions.+%3Cstrong%3EBold%3C%2Fstrong%3E%0A%0A%3Cem%3E%E2%80%9CGenerally+speaking%2C+here+in+the+U.S.%2C+you%E2%80%99ll+probably+still+use+credit+cards+and+Venmo+and+things+like+that%2C+but+maybe+you%E2%80%99ll+want+to+buy+some+Bitcoin+because+it+can+be+a+way+to+balance+your+investment+portfolio+against+the+threat+of+inflation.+%3C%2Fem%3E%3Cem%3ESo+maybe%2C+you+know%2C+as+part+of+a+balanced+portfolio+that+includes+other+safer+investments%2C+you+might+have+a+little+bit+of+Bitcoin+to+hedge+against+inflation.%22%3C%2Fem%3E","timeout":15}