Citi Research released a 56-page report on bitcoin saying that it is not going to disrupt banks or credit card networks. It says there will be increased transaction costs for bitcoin to provide increased volume. As for the use of bitcoin in remittance payments, it says bitcoin’s advantage dissipates when the “last mile” cost of […]
The post Citibank: Bitcoin Won’t Disrupt Payment Networks, but Changes Are Coming appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
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