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Bitcoin Forum > Bitcoin > Bitcoin Discussion > Press > 2013-05-17 RT: Central banks looking at Bitcoin as real threat to dominance
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Kikkerdril (OP)
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May 17, 2013, 04:30:06 PM
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Governments and banking officials are watching Bitcoin in fear of losing their leading position to the virtual currency and the infrastructure building around it, Arwa Mahdawi, consultant, journalist and Bitcoin employee, told RT.

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According to Mahdawi, just in the past few months, Bitcoin has really gained legitimacy, we saw the huge spike in terms of its value, we’re seeing investors pour money into Bitcoin.

http://rt.com/op-edge/bitcoin-threat-bank-lost-433/
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May 17, 2013, 06:01:23 PM
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May 17, 2013, 06:07:27 PM
Last edit: May 17, 2013, 07:32:25 PM by The Bitcoin Catalog
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“Central banks around the world are looking at the development of Bitcoin with a lot of fear, and not just central banks, but the traditional banking as a whole. If you think about it, Bitcoin has been around since 2008, it’s been around for ages. The regulators didn’t pay any attention to it whatsoever, they dismissed it as sort of monopoly money."

Too late for them now. The only thing they can do is mourn they old banking system.
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May 17, 2013, 07:27:08 PM
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Since banks really fucked me up, I've already moved a part of my recurring international transfers into bitcoin. Over $50K has already been transferred through BTC this month.
However, some of my contractors are still too conservative and afraid using BTC but I hope they will start doing it over time.
High volatility is what really slows down the adoption of bitcoin in inter-business transactions.
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May 18, 2013, 01:15:55 PM
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"you will find that the European Central Bank is looking at Wikipedia articles, at Mashable articles trying to find out what on Earth the virtual currency means for them."

What bitcoin means for them??

PARTY IS OVER MOTHERFUCKERS!
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May 18, 2013, 04:07:32 PM
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Arwa Mahdawi, consultant, journalist and Bitcoin employee, told RT

WTF is a "bitcoin employee"?
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