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No chance of cryptocurrencies replacing fiat money - JPMorgan

Retrieved on: 2018-02-16 15:30:00

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<div>“The huge volatility of the price of <b>cryptocurrencies</b> - with respect to either traditional currencies or to a basket of goods and services - has made use of <b>cryptocurrencies</b> as a unit of account impractical,” it said. “Only hobbyists are using <b>cryptocurrencies</b> as a medium of exchange, at least for conventional ...</div>

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