The cryptocurrencies and the Bitcoin in particular, being the most prominent among them, are not likely to crowd out fiat currencies or have a significant impact on the existing monetary policies and financial stability. Furthermore, the design of the cryptocurrencies and the behavior of the cryptocurrency community, deprives them from its intended use as a medium of exchange. Those are some of the conclusions of a scientific research paper prepared of the SWIFT Institute, called “Virtual currencies: Media of exchange or speculative assets?”, based on a research done by Dirk G. Baur, UWA Business School, KiHoon Hong, Hongik University College of Business in South Korea and Adrian D. Lee, University of Technology Sydney (Australia). https://smnweekly.com/2016/09/08/cryptocurrencies-no-threat-status-quo-report/