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Topic: 2012-12-12 itnews.com.au - Is Bitcoin the bank of your future? (Read 776 times)

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Is Bitcoin the bank of your future?
Analysis: The digital disruption of banking.


Charis Palmer
2012-12-12

http://www.itnews.com.au/News/325979,is-bitcoin-the-bank-of-your-future.aspx


Millions of people won’t require a bank account in the near future, according to finance entrepreneur Brett King, as technology solutions continue to disrupt the role of funds distribution traditionally controlled by banks.

King’s comments come after the company that operates an exchange enabling the trading of digital currency Bitcoin was licensed as a payments services provider through a partnership with two French financial institutions.

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