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The Battle for the Future of Bitcoin

The emergence of cryptocurrencies and blockchain technology may prove to be almost as significant an innovation as the internet itself. Blockchain offers a mechanism for the mediation of any transactions that previously would have required trusted third parties, while cryptocurrencies such as Bitcoin may eventually become a significant alternative to traditional “fiat” (e.g., government-backed) currencies.

These technologies could eventually revolutionize the global banking infrastructure which has underpinned global commerce for centuries.

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