“Digital versions of mail and books shone a light on apparently archaic institutions like the postal service and the library while Jeff Bezos single-handedly made the shopping mall obsolete. But the banking sector has been frustratingly impenetrable by techno-centric entrepreneurs in large part due to strict regulations, which represent inordinate barriers of entries for resourceful startups who would rather break things than play by the rules. Playing with money is the equivalent of playing with regulatory fire meaning that there’s never been an easy or obvious way to bootstrap your way into Wall Street. At least until now: enter Bitcoin. Tech heavyweights see it as a backdoor into the world of finance.”
http://motherboard.vice.com/blog/why-silicon-valley-and-google-loves-bitcoin
Tip Freedomwat.ch Staff with Bitcoin