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The cryptocurrencies and the Bitcoin in particular, being the most prominent among them, are not likely to crowd out fiat currencies or have a significant impact on the existing monetary policies and financial stability. Furthermore, the design of the cryptocurrencies and the behavior of the cryptocurrency community, deprives them from its intended use as a medium of exchange.
Those are some of the conclusions of a scientific research paper prepared of the SWIFT Institute, called “Virtual currencies: Media of exchange or speculative assets?”, based on a research done by Dirk G. Baur, UWA Business School, KiHoon Hong, Hongik University College of Business in South Korea and Adrian D. Lee, University of Technology Sydney (Australia).
The War Economy: CNN's Wolf Blitzer Warns About Job Loss If US Stops Arming Saudi Arabia
http://www.zerohedge.com/news/2016-09-09/war-economy-cnns-wolf-blitzer-warns-about-job-loss-if-us-stops-arming-saudi-arabia
The Race for President is (Probably) Over
The Race for President is (Probably) Over
Supervisor Of "Massive Fraud" At Wells Fargo Leaves Bank With $125 Million Bonus
This Is What The Democrats Did Immediately After Realizing They Were Hacked
Having been 'compromised' - by sophisticated Russian hackers (likely working in cahoots with Trump) according to the mainstream media's spoonfed narrative - the Democratic National Committee decdided the smart thing would be to send the new password for their system, via email, to all regional press... Brilliant!
http://www.zerohedge.com/news/2016-09-14/what-democrats-did-immediately-after-realizing-they-were-hacked
The US War On Terror Has Cost $5 Trillion And Increased Terrorism By 6,500%