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Boston Fed: Bitcoin Could Be Reducing Online Shopping Costs – CoinDesk

Tuesday 16th, September 2014 / 18:38
Boston Fed: Bitcoin Could Be Reducing Online Shopping Costs – CoinDesk

CoinDesk

Boston Fed: Bitcoin Could Be Reducing Online Shopping Costs
CoinDesk
Specifically, the paper notes, the competitive nature of bitcoin mining – wherein miners race to solve the complex cryptographic equations and discover new blocks – is self-defeating from the standpoint of a stable network. Noting its “social
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