Bitcoin has a long way to go. Right now, it remains a hobby for wealthy members of the tech jet set with only a few obscure retailers like Overstock.com accepting it as payment.
Brian Kelly, investor and contributor to CNBC's "Fast Money." Kelly says the transformation is as near as a decade away.
I guess Bitcoin has already moved beyond tech people. While Bitcoin's boom years might still be ahead of us, I sure hope it doesn't take a decade. Bitcoin has shown its power to transform the financial world and I guess banks/institutions will wake up to Bitcoin sooner than later.
Topic: [2014-12-01] CNBC: Bitcoin set to take over the financial world (Read 1118 times)
December 01, 2014, 07:17:59 PM
I wonder if the reporter called him on this? "Over the next decade, creative destruction will be the mantra within financial services, and it will all be due to an anonymous genius who gave his/her/their invention away for free."
December 01, 2014, 01:16:01 PM
Bitcoin set to take over the financial world
Bitcoin, the digital currency which remains a mystery to many, will some day replace the whole global financial system, doing the job of banks, insurance companies, credit card issuers and even trusts, a new book asserts.
http://www.cnbc.com/id/102227296
Bitcoin, the digital currency which remains a mystery to many, will some day replace the whole global financial system, doing the job of banks, insurance companies, credit card issuers and even trusts, a new book asserts.
http://www.cnbc.com/id/102227296
Jump to: