[2015-03-31] Nasdaq: Could Bitcoin Destroy the Global Banking System?

[pitham1]

Could Bitcoin Destroy the Global Banking System?

http://www.nasdaq.com/article/could-bitcoin-destroy-the-global-banking-system-cm460672

If you are old enough, think back to the early days of mobile phones, when video calls, directions to a destination and online shopping were all regarded as geek fantasies. There were even a few crazy voices proclaiming that phone photography could spell the end for some companies, possibly even giants like Eastman Kodak! That seemed ridiculous at the time and there were no shortage of people pointing that out, right up until Kodak declared bankruptcy in 2012.