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Bitcoin Fixes This? Paraguay President Resigns After Bank Lockout Hits 60% of Country

The financial crisis in Paraguay, caused by the collapse of Ueno bank, resulted in millions of depositors losing access to their funds. This significant event triggered the resignation of the country's president and has brought renewed attention to Bitcoin's fundamental argument for self-custody, emphasizing its role as a censorship-resistant and sovereign alternative to traditional banking systems prone to failure and lockouts.

Fuente: Decrypt
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