5 ways fiat currency is fighting back against bitcoin

“Today’s financial institutions are demonstrating that they are looking to harness new technologies to eliminate friction in the marketplace. From the trenches of the alternative currency movement, it can be difficult to see the larger innovations that are being set in motion in the traditional financial world, and how the marketplace is breaking many long-held rules to encourage new ideas. The following five innovations may be small in scale in comparison to virtual currency, but their impact on how consumers, businesses and their big-brand intermediaries transact will be large and they could open up many consumers to the more forward-thinking properties of alternative currencies.”

http://www.coindesk.com/5-ways-fiat-currency-fighting-back-bitcoin/

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