SWIFT news examines Bitcoin as a currency

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The SWIFT Institute recently announced new investigate that “assesses either a tellurian financial village is usurpation Bitcoin as a current currency.” The investigate is formed on a operative paper initial published in Feb 2015, “Virtual Currencies: Media of Exchange or Speculative Asset.”

The paper has given been revised, and was republished final June. The investigate was conducted by; Dr. Dirk G. Baur from UWA Business School, Dr. KiHoon Hong from Hongik University College of Business and Dr. Adrian D. Lee from a University of Technology Sydney.

The authors inspect a attribute between digital currencies, essentially bitcoin, and fiat currencies. They weigh any “immediate risks that practical currencies poise to monetary, financial or mercantile stability,” according to a announcement.

– KiHoon Hong, Hongik University College of Business

The SWIFT news is not a initial to claim that a distance of a bitcoin marketplace hampers a use as a middle of

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