Bitcoin for payments a distant dream as usage dries up

[ad_2][ad_1] LONDON (Reuters) – The use of bitcoin for commercial payments has dropped dramatically this year, even as the original digital currency is beginning to satisfy one of the basic characteristics of any payment currency: stability. FILE PHOTO: The representation of the virtual currency Bitcoin standing on the PC motherboard …

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Bitcoin for payments is a distant dream as usage dries up

[ad_2][ad_1] LONDON (Reuters) – The use of bitcoin for commercial payments has dropped dramatically this year, even as the original digital currency begins to satisfy one of the basic characteristics of any payment currency: stability. FILE PHOTO: The representation of the virtual currency Bitcoin standing on the PC motherboard is …

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Could Ethereum smart contract marginal banks?

[ad_1] Imagine a world without banks or other financial intermediaries. This is the vision of Andrew Keys, the founder of ConsensSys Capital, a venture capital firm that promotes the development of decentralized blockchain services and applications, which states that smart contracts on Ethereum could essentially take the place of banks. …

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