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❕NEWS Reserve Bank of Australia: Bitcoin (BTC) Is Not Real Money

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aryan4

aryan4

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According to the Australian Financial Review's report, Australian Federal Reserve financial systems manager Michelle Bullock said there was a lot of fuss over Bitcoin.
Bullock said:
--- "Bitcoin is not a payment instrument and not real money. There is a lot of fuss about using Bitcoin as a security. "---
What do you think of the Australian Central Bank's statement on Bitcoin?
 
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BullyMaguire said:
Well you know.. most of the people who says this are people of the banks.. probably threatened it will make their business suffer if crypto currency got adopted well
Click to expand...
Yeah, you are right. Their businesses are threatened by the massive adoption cryptocurrency is getting. They can only try to create fear but won't really succeed.
 
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