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front pageToday's NewsBitcoin not stable enough to be used as real currency, UBS strategist says

Bitcoin not stable enough to be used as real currency, UBS strategist says

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Global investment bank UBS believes that Bitcoin is too unstable to become a mainstream currency. The bank believes that there are many factors that hinder the cryptocurrency from breaking through, mainly including technical limitations and constant price fluctuations. According to CNBC, UBS global macro strategist Joni Teves said in a note to clients that Bitcoin is
For more information:
UBS exec downplays Bitcoin's ability to replace fiat currencies
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