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| Bitcoin has 'pretty much failed' as a currency, Bank of England Governor Carney says Bank of England Governor Mark Carney raised concern over extreme volatility in the world's best known digital currency. "It has pretty much failed thus far on ... the traditional aspects of money. It is not a store of value because it is all over the map. Nobody uses it as a medium of exchange," Carney said, ...
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| Israel Tax Authority: Bitcoin is Property, Not Currency "The Tax Authority's position, which was expressed in the past, is [bitcoin is] a property, not a currency," the Israeli agency clarified upfront. Israel is the economic jewel of Southwest Asia, routinely ranking alongside countries many multiples its size in terms of innovation and output. Punching above its ...
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| Coinbase Pulls Money From Customers' Bank Accounts - Bitcoin / Crypto Risks I had previously attempted to publish an article on Seeking Alpha about the risks of using crypto currency exchanges and how investing in miners was a safer alternative, but this article was rejected repeatedly as it was considered "scattered and irrelevant". To the detriment of any Seeking Alpha readers ...
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