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THE RISE
OF BITCOIN
“The price of
Bitcoin is based on
volume and the
volume is based on
volatility. The more
media coverage
there is, the more
people talk about
it, the higher the
volume of trades
and the higher
the volatility.”
Yoni Assia,
eToro
SOUL SEARCHING IN
FINANCIAL INSTITUTIONS
Bitcoin faces an uphill battle to satisfy the conventional
functions of money as a medium of exchange, store of value
and a unit of account, according to participants at the Bit