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The Bank of England believes electronic currencies like Bitcoin could fundamentally change the payments industry across the world. According to The Telegraph, the bank has been analysing cryptocurrencies and the results are now part of its One... Via jean lievens 
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My prediction is controversial. Many fervent fans are convinced that this government-free currency is for real. Their ardor may keep it going for a while, but equally Bitcoin could disappear quickly — that’s the way with speculative bubbles. So now is the moment to learn some economic lessons before the whole phenomenon is forgotten. Here are five:
Via jean lievens
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Via jean lievens
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Bitcoin has fluctuated wildly in value, but it could indirectly point the way toward a system of better pricing and risk management. (Interesting piece from Shiller on virtual/alternative currencies. Via jean lievens
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The European Banking Authority (EBA) has issued a warning on potential risks related to virtual currencies, but the warning is largely focused on the possibility of fraud and theft.
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