New Paper Reveals Massive Bitcoin Backing


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According to a paper entitled "Cryptocurrencies: Overcoming Barriers to Trust and Adoption", Bitcoin (BTC) and cryptocurrencies will hit the mainstream as a way of paying for goods and services within the next decade. The paper was written by researchers at Imperial College London, who have said digital currencies are primed for mass adoption. The backing of the researchers could boost the price of bitcoin and cryptocurrencies, which many have accused of being less well suited to handling mass payments than the traditional financial system, run by the likes of Visa and MasterCard.

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