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"Big Four" professional services firm Deloitte, proposes a new concept of "state-backed cryptocurrency" that would combine the best attributes of the technology of cryptocurrencies with the features of an established fiat currency under the sponsorship of a central bank. "With the potential to reduce costs, reduce errors, speed the transfer...
David Andolfatto, who is the Vice President of Research at the Federal Reserve Bank of St. Louis, recently let it be known that bitcoin may work as a store of value. The comments related to this topic came during a recent interview on the Epicenter Bitcoin podcast. In the past,...