Whether they admit it or not, Bitcoin has put the fear of God into the
banking system. Why? Because it threatens to remove them from the
equation, plain and simple. Many people have now heard of Bitcoin and
have a grasp of what it is...but the big question is, do they realize
the potential for crypto-currencies to remove massive inefficiencies
from just about every area of banking and finance?
Whether it is
Bitcoin or some other type of crypto currency, the banking sector knows
one thing for sure: The genie is out of the bottle.
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