[2015-04-20] americanbanker.com: Get Ready for the Rise of the Blockchain

[LiteCoinGuy]

Get Ready for the Rise of the Blockchain

Say Bitcoin in a crowded room, and you'll find at least one guy who believes it's going to start a financial revolution. Most people remain skeptical of the libertarian utopia wherein the government cedes control of the money supply to Bitcoiners. But some are starting to come around on the blockchain as an important part of our digital future.

http://www.americanbanker.com/bankthink/get-ready-for-the-rise-of-the-blockchain-1073843-1.html

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[RodeoX]

I worry that they are thinking of THEIR blockchains? It's about time for the banks to enter the alt-coin phase of understanding. "Who need bitcoin when you could get BoA happycoins." 

[bitbouillion]

Get Ready for the Rise of the Blockchain
http://www.americanbanker.com/bankthink/get-ready-for-the-rise-of-the-blockchain-1073843-1.html

tl;dr: Good comparison between the traditional and the blockchain payment system. Blockchain is faster, more secure and much cheaper than traditional payment system. Very positive read.

[RodeoX]

I think of this as a major risk for bitcoin. If banks can get people to adopt their alt coins then our banking woes will increase. There is even more room for mischief than if a bank is using fiat currencies. I am not trading anything except bitcoin with a bank.