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Author Topic: National Australia Bank Calls Bitcoin a Bubble with under 2000 Merchants  (Read 875 times)
Sir Lagsalot (OP)
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December 29, 2013, 06:48:03 AM
 #1

The NAB says Bitcoin isn't ready to replace fiat, and calls it a bubble as its value is too high for the less than 2000 merchants accepting it... I don't know where they pulled that number from, but it reflects the overall quality of their thinking. Full article here.

beetcoin
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December 29, 2013, 06:49:00 AM
 #2

what nabs they are. well, at least i agree with them that bitcoin is nowhere near ready to replace fiat.
skaffen
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December 30, 2013, 02:47:00 AM
 #3

The full article at zerohedge.

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nastybit
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December 30, 2013, 02:55:39 AM
 #4

Emma Lawson is and remains an ignorant, not worth reading
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