COMPASSMar 18, 20211 min readBitcoin – it’s not a currency, it’s not a capital asset…so what is it?Dr Shane Oliver, Head of Investment Strategy & Chief Economist insights Digital currencies and blockchain technology may have a lot to offer - but that does not mean Bitcoin will be it.Due to extreme volatility, high transaction costs and slow processing, Bitcoin does not cut it as digital cash.
Dr Shane Oliver, Head of Investment Strategy & Chief Economist insights Digital currencies and blockchain technology may have a lot to offer - but that does not mean Bitcoin will be it.Due to extreme volatility, high transaction costs and slow processing, Bitcoin does not cut it as digital cash.