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Title: 2014-07-06 CoinTelegraph - Ireland CB Official On Bitcoin's Disruptive Potential Post by: TheIrishman on July 07, 2014, 09:12:47 AM Ireland Central Bank Official Admits Bitcoin's Disruptive Potential
http://cointelegraph.com/news/112015/ireland-central-bank-official-admits-bitcoins-disruptive-potential (http://cointelegraph.com/news/112015/ireland-central-bank-official-admits-bitcoins-disruptive-potential) << "Virtual and digital currencies can challenge the sovereignty of states", says Gareth Murphy, senior Central Bank of Ireland official. At a recent digital money conference in Dublin, he mentioned that rivals are interfering with a bank's ability to sway the price of credit for the entire economy. Murphy warned that there might be considerable threat to the finances of a country if increasingly more transactions for services and goods fade away from the tax system due to the use of crypto currencies such as Bitcoin. >> |