[2015-03-29] WSJ: Interest in Bitcoin Grows on Wall Street

[manis]

Interest in Bitcoin Grows on Wall Street

http://blogs.wsj.com/moneybeat/2015/03/29/interest-in-bitcoin-grows-on-wall-street/

Corporate America is gradually warming to bitcoin.

Amid a slew of deals involving prominent finance and tech companies lie signs that the U.S. business establishment is exploring innovative new enterprise uses for digital currencies. They are making early, tentative bets that the so-called blockchain-ledger technology behind bitcoin might one day transform how banks, businesses and even smart appliances circulate money, assets and sensitive data around the world.

[Bit_Happy]

The idea is that blockchain ledgers, which are verified, updated and maintained by a decentralized network of independently owned computers, for the first time let people and businesses trust each other in peer-to-peer online exchanges of assets, money and information. In cutting out intermediating middlemen, the theory goes, this technology could slash costs, cut settlement times and reduce default risks....

It's happening!
Careful, next up is a bunch of "investors" creating a huge bubble.

[jjacob]

Wall Street may be making tentative bets, but the price doesn't seem to reflect it. 

[bornil267645]

Wall street's been trying to get a hold of the bitcoin since the beginning, but some how that still seems to be the one currency that got away. Otherwise the price of the bitcoin would have taken a roller coaster ride.