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Topic: [2016-02-05] Close-Up: Virtual currencies challenging traditional banking system (Read 228 times)

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For the past 20 years, Derrick Nicholson has been working in currency markets, as a strategist and a trader.

He works with companies to purchase products around the world.

He moves money and he hedges, making investments as a way of insuring against future losses.

But the Kelowna man says the future of currency as we know it is changing, and everyday people stand to suffer the most.

“I think we’re heading for a currency crisis,” Nicholson said this week. “Change is coming and I’ve looked at this for years. It’s not pretty but life is about change and hopefully some good comes of it.

http://www.kelownacapnews.com/news/367830961.html
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