Bitcoin’s Evolution Will be SWIFT

“By granting individual businesses the ability to instantly settle international transactions the creative destruction of the marketplace has obliterated the hold that banks have over these long-distance payments through the SWIFT, TIPANET or any of the dozens of RTGS networks around the world.  As adoption of bitcoin grows, it will displace more and more of the global M2 supply and, consequently, grow exponentially in value.  Below you will see the value of bitcoin in today’s dollars should it expand to a certain portion of the whole of M2.  For convenience, I’ve also put in the fractional units of bitcoin; milli and microbitcoins as you will soon be denominating bitcoin transactions in that manner.”

http://dollarvigilante.com/blog/2013/12/10/bitcoin%E2%80%99s-evolution-will-be-swift.html

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