Monday, March 7, 2016

Transaction Bottleneck Could Kill Bitcoin, NYU Academic Warns

Bitcoin’s growth – not government regulation – could kill bitcoin, according to one financial industry observer. David Yermack, chairman of the New York University (NYU) Stern School of Business finance department, told Fortune Magazine that bitcoin’s growth has jammed its payment system to the extent that some transactions take hours to process. He said tens […]

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