No need to rely on ACH, SWIFT, or other proprietary and closed networks. That sound you hear? Its the inevitability of your own obsolescence.The future of financial transactions will come down to one decision. Either you integrate with this massive network, or you go down fighting like the rest of the intermediaries such as the recording industry, or those attempting to enforce intellectual property laws regardless of national boundaries.Consider carefully, ladies and gentlemen.
he point out the thing. There is no option for them, looking bitcoin is like looking the future. Just like this time when you decide to download your first mp3 and understand that it'll cost jobs to somes.
It is not a happy end for every one, and there is no guaranty that the new system produce better financial(btc)/artistic(mp3 on p2p) result. The p2p filesharing still lack of some tangible buisness model, the industry is still here and there. But now both the disk industry and the bank system will have to move. The only difference is that the disk industry is in a much later stage.
What is fascinating is the inevitable side of it.