According to the UK’s Telegraph, international banking giant BNP Paribas have issued a report on the future of Bitcoin. For them, widespread adoption will be limited by cryptocurrencies’ deflationary nature, and the fact that they lack a “lender of last resort.” The bank claimed that cryptocurrency could pose risks to individual nation’s monetary policies too. … Continue reading BNP Paribas: Bitcoin Will Fail Because it Lacks Characteristics of Traditional Banking The post BNP Paribas: Bitcoin Will Fail Because it Lacks Characteristics of Traditional Banking appeared first on NEWSBTC.



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