nice article by mr undheim
more and more intellectuals in key positions are getting the message. he is not shy about his opinions. I disagree with his remark about ripple, but other than that it reminded me of reasons why i originally got so fascinated about bitcoin.
this is big, don't forget in the everyday slumps of fighting in this forum -why you are here and how great it is to be a part in such a mindblowing experiment.
Disruption can be a good thing, especially when it affects banking, a failing set of business models which, for all the tweaks, have been virtually unchanged for millennia.
That is, a way for regular folks, as well as specialists, to potentially monetize everything, regardless of location, traditional market access and jurisdiction.
Using the elegance of mathematics they enable almost instant transfer of value at almost no cost between two parties without the need for a trusted third party. The disruption lies exactly there: in disrupting the intermediaries.
In the case of Bitcoin, what is being enabled here is not merely a new market, but a market of markets; a platform for all kinds of new markets to emerge. In it, lies the promise of a transformation, as strange as it sounds, greater than the Internet. Denying such a potential is equal to denying the reality of globalization.
http://fortune.com/2014/11/20/why-banks-fear-bitcoin/?utm_content=buffer9e71b&utm_medium=social&utm_source=facebook.com&utm_campaign=buffer 
