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However, less developed countries might find it hard to engage Bitcoin Billionaire Reviews in these purchases owing to the high volatility of bitcoin, and the benefits of making these bulk purchases would likely prove to be costly. As more speculators enter the market and the supply of the peso increases, the peso devalues. The growing popularity and further development of bitcoin in the global economy have led to calls to bring bitcoin within the purview of the IMF. Even if a speculator is short on currency, if interest rates rise, the speculator will only lose out on the increased financing costs when the speculator repays the borrowed currency.