“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:
Prison Phone Call Industry Will Fight New FCC Rules Lowering Inmate Rates
The CFR: The Go-To Organization for Government Tools Ready to Cash In
Bank of Finland Report Calls Digital Currency a “Fallacy”
New Bitcoin IRA Offered by Broad Financial
Marc Faber on higher education & protecting yourself in economic collapse
Citi: "No Gold Company... Will Generate Free Cash Flow At Current Gold Prices"
The Great Beer Conspiracy to Overthrow the U.S.
Lavabit chief predicts 'long fight' with feds (Q&A)
'We can no longer afford to be American citizens'
FBI Casting Set Stage for Boston Marathon Bombing, Shootout, Charade
3D-printing gun site DEFCAD now attracting 3K visitors an hour, 250K downloads since launch
Glenn Greenwald: Domestic drones and their unique dangers
Ex-Marine Brandon Raub Arrested, Sentenced To Loony Bin For Anti-Government Facebook Posts
Voters in Three States Take on Traffic Cameras
Edan Yago: The World's First Cryptocurrency-based Political Zone