Wall Street Doesn't View Bitcoin As Currency

Bloomberg

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Trust in traditional currencies hasn't evaporated yet, if their performance since the height of the financial crisis is anything to go by.

The euro has gained 12 percent against the 10 developed-nation currencies tracked by Bloomberg Correlation-Weighted Indexes since Draghi's 2012 pledge. In the past year, it has trailed only the Swiss franc, which strengthened 7.6 percent.

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