Australia Central Bank Argues Bitcoin ‘Unlikely’ To Become Mainstream

in dlike •  6 years ago 

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Australia’s central bank says that despite “some recognition,” drawbacks mean consumers will prefer the country’s dollar.

Titled ‘Cryptocurrency: Ten Years On,’ the document from the Reserve Bank of Australia (RBA) appears to commemorate the past decade of bitcoin’s existence while admitting zero faith in its future beyond a niche asset.


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