[2015-09-19] Adopting Blockchain Technology Only Remaining Option for Banks

[jdebunt]

http://digitalmoneytimes.com/crypto-news/adopting-blockchain-technology-remaining-option-banks/

One of the main concerns regarding Bitcoin is the current price volatility.  As a result, merchants are not keen on denominating prices in Bitcoin value and offer the customer a conversion from fiat value to Bitcoin value during checkout.  Once a payment has been received in Bitcoin; it will most likely be converted to fiat currency immediately.  But that situation could be about to change, assuming banks will embrace permissionless blockchains.