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V. Cryptocurrencies: looking beyond the hype » Chapter V of the Annual Ecomomic Report 2018. Cryptocurrencies promise to replace trusted institutions with distributed ledger technology. Yet, looking beyond the hype, it is hard to identify a specific economic problem which they currently solve. Transactions are slow and costly, prone to congestion, and cannot scale with demand. The decentralised consensus behind the technology is also fragile and… Bis.org

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# bitcoin merchant services

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