
“Whether they admit it or not, Bitcoin has put the fear of God into the banking system. Why? Because it threatens to remove them from the equation, plain and simple. Many people have now heard of Bitcoin and have a grasp of what it is…but the big question is, do they realize the potential for crypto-currencies to remove massive inefficiencies from just about every area of banking and finance? Whether it is Bitcoin or some other type of crypto currency, the banking sector knows one thing for sure: The genie is out of the bottle.”
Related posts:
John Hussman: The Most Broadly Overvalued Moment in Market History
Five+ Years of Fed Futility Laid Bare for All to See
Litecoin users create 100 jobs in Madagascar
Truant in America
How Do You Turn a Leftist into a Warmonger?
Army’s $900 Million in Warehouses Full of Useless Vehicle Parts
Florida man’s attorney claims NSA phone records will prove client’s innocence
Judge Upholds Suit Against Feds Who Arrested Former Marine For Facebook Posts
Wells Fargo Lays Off Mortgage Workers. Why? Rising Rates.
Mystery pooper: Firm to pay $2.2M over forced DNA testing for workers
How I Printed So Much Money in Zimbabwe That the Country Experienced Hyper-Inflation
Prison State Chronicles
Facing the Onset of A Global Taxation Regime, Take Human Action
A Second Shot at History’s Greatest Investment Trend
What Will Software Eat Next?