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Wall Street Paves The Way For Bitcoin To Become 'People's Currency'
Wall Street is working to solve one of Bitcoin’s biggest problems: market volatility. And that could pave the way for the digital currency to become “people’s currency.” Ie, gain broad acceptance among merchants as a medium of exchange. Bitcoin has several advantages over traditional currencies. But it has one big problem, too. It’s price is highly volatile, making it unsuitable for day to day transactions. That could explain why the digital currency has failed to reach the “tipping point,” reaching the market of massive users. Wall Street is working to ease Bitcoin’s volatility by introducing Bitcoin ... (full story)
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