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Cryptocurrencies copying Bitcoin don’t really make the cut, experts say

Published 08/26/2022, 07:43 AM
Updated 08/27/2022, 10:00 AM
Cryptocurrencies copying Bitcoin don’t really make the cut, experts say
RIOT
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BTC/USD
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Cointelegraph’s Joseph Hall interviewed Bitcoin (BTC) advocates Pierre and Morgen Rochard, the hosts of the Bitcoin for Advisors podcast, at the Surfin’ Bitcoin 2022 event held in France. The group talked about how France can attract more miners, where Bitcoin fits in terms of financial planning and the difference between Bitcoin and other cryptocurrencies.

According to Pierre, who also works at the mining firm Riot Blockchain (NASDAQ:RIOT), there are two ways for France to attract large-scale Bitcoin miners. The first is to provide assurances in terms of policies on Bitcoin mining. The second is to provide a power grid that is favorable for miners. He explained:

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