Topic: [2015-03-02] Banks are changing their opinion about cryptocurrencies (Read 1432 times)
Banks will have no choice but to accept bitcoin. The only reason many don't today is that their regulations need time to adapt.
March 03, 2015, 11:06:28 AM
This story is all spin. Banks still have literally years of backlog projects before they will consider something as small as bitcoin.
Bitcoin itself isn't something most banks look out for. They are interested in the blockchain technology.
But before they adopt the blockchain as technology we might not enjoy it for at least 5 years.
Imagine not having to wait for a bank transaction from country to country. Every bank transaction in potential could post instantly.
blockchain is great but bitcoin sucks
!/s
March 03, 2015, 08:05:18 AM
This story is all spin. Banks still have literally years of backlog projects before they will consider something as small as bitcoin.
Bitcoin itself isn't something most banks look out for. They are interested in the blockchain technology.
But before they adopt the blockchain as technology we might not enjoy it for at least 5 years.
Imagine not having to wait for a bank transaction from country to country. Every bank transaction in potential could post instantly.
March 02, 2015, 09:33:04 PM
March 02, 2015, 06:06:39 PM
This story is all spin. Banks still have literally years of backlog projects before they will consider something as small as bitcoin.
March 02, 2015, 04:22:48 PM
I have not changed my opinion of them. 
March 02, 2015, 04:21:24 PM
Banks are changing their opinion about cryptocurrencies
This is a fascinating time in our industry. By now, it’s a cliché that Banks will have to embrace technology and innovation if they are to thrive in the years to come. We believe that is true and are committed to show that we can do it, and are looking for others to join. […] You care about disruption and have opinions on the future of banking, the payments system, and how to improve upon our existing financial infrastructure. You have an opinion on bitcoin and other cryptocurrencies.”
https://www.linkedin.com/pulse/banks-changing-opinion-cryptocurrencies-sander-duivestein-?trk=hp-feed-article-title
This is a fascinating time in our industry. By now, it’s a cliché that Banks will have to embrace technology and innovation if they are to thrive in the years to come. We believe that is true and are committed to show that we can do it, and are looking for others to join. […] You care about disruption and have opinions on the future of banking, the payments system, and how to improve upon our existing financial infrastructure. You have an opinion on bitcoin and other cryptocurrencies.”
https://www.linkedin.com/pulse/banks-changing-opinion-cryptocurrencies-sander-duivestein-?trk=hp-feed-article-title
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