Citi: Bitcoin is an Opportunity for Banks, Not a Threat
A new research report by banking giant Citi asserts that it does not view bitcoin and other digital currencies as a disruptive threat to banks, credit card networks or traditional remittance providers, but rather as a potential complement to existing services.
Published today, the 56-page report argues bitcoin and digital currencies are better equipped to open up new markets and reach new consumers, and that today’s centralized payment systems are already efficient enough for today's commerce...
http://www.coindesk.com/citi-bitcoin-banks-remittances-wont-disrupt/
