[2014-05-06] CD: Bitcoin Speakers Announced for US Banking Task Force Hearing

[LiteCoinGuy]

Bitcoin Speakers Announced for US Banking Task Force Hearing

http://www.coindesk.com/bitcoin-speakers-announced-us-banking-task-force-hearing/

sounds quite positive 

[1714864487]

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[gweedo]

Wish it contain a developer or someone that could explain the protocol. Also never heard of these people so yeah! Great who ever picked them to represent our community.

[Bit_Happy]

The CSBS says the purpose of the hearing will be to obtain information from a variety of entities and individuals involved in the payments system.

The hearing will include panel discussions on legacy payment systems, retail payment innovations and digital currencies, and will be open to both the public and the media.

The digital currency panel will feature executives and representatives from four prominent bitcoin companies:

    Bryan Krohn, Chief Financial Officer, BitPay
    Karsten Behrend, Head of Compliance, Xapo
    Megan Burton, Chief Executive Officer, CoinX
    Annemarie Tierney, EVP Legal and General Counsel, SecondMarket

In this context what is a "legacy payment system"?
Isn't it way a bit too early to claim credit cards are legacy?