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Topic: [2015-12-05] Wired: Bitcoin May Never Make It to Wall Street, But Its Tech Will - page 2. (Read 1922 times)

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Bitcoin May Never Make It to Wall Street, But Its Tech Will

http://www.wired.com/2015/05/nasdaq-bringing-bitcoin-closer-stock-market/

James Angel compares bitcoin to MySpace, the social network that paved the way for far more influential services like Facebook and Twitter.

Today’s bitcoin digital currency, says Angel, a professor of finance at Georgetown University, is too flawed to replace existing currencies. But the basic ideas underpinning the technology, he believes, can significantly change how the financial world operates. This is already starting to happen.

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