2013-06-19 Sky News: digital Currencies Get Smartphone Boost

[ganabb]

http://uk.news.yahoo.com/digital-currencies-smartphone-boost-104244013.html#9Ze742R

According to the 21st International Payments Summit, 63% of delegates believe real-time payment services are the key ingredient for future growth.

Mark Hale, head of payments and transactional banking at KPMG Management Consulting, said: "Digital currencies such as Bitcoin may not yet be the mainstream money of choice, but their rise in prominence and growing acceptance amongst merchants.

[TraderTimm]

Source:

"Digital currencies such as Bitcoin may not yet be the mainstream money of choice, but their rise in prominence and growing acceptance amongst merchants."

Translation:

"People sick of our ineffective bungling have latched on to Bitcoin because of its decentralized nature and low fee structure. We haven't figured this out yet - but we're swimming in the tar pit as we speak, expecting a resurgence of traditional banking demand."