[2014-09-01] bobsguide - Are Cryptocurrencies the Future of Money

[101111]

http://www.bobsguide.com/guide/news/2014/Sep/1/sibos-topic-1-are-cryptocurrencies-the-future-of-money.html

Sounds like crypto's will be a hot topic at the upcoming Swift International Banking Operations Seminar (Sibos) in Boston from 29th September to 2nd October 2014.

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[Satan666]

Yes, we'll be discussing how to get these hideous, unbacked, free market cryptocurrencies under control and how to eliminate the threat that they represent to civilized society.

[101111]

Are you playing devil's advocate? 

[Clegg]

I think he was just joking.

I'm sure digital currencies will be the future, but maybe not cryptocurrencies (will the powers that be allow them?).

[101111]

I was joking too - check the username!

Agreed about the future, there's no putting the genie back in the bottle now.

[Neg]

If it's not cryptocurrencies that are the future it will be a type of digital currency that will be influenced by bitcoin. I think it's inevitable that money will go this way but I cant see governments wanting to give up control, so they will probably still issue them unfairly.

[gmx95]

I would not get to excited: like with oil, as long as it exists, nobody seriously will use electric cars. The same here, large corporations and government will not embrace cryptos any time soon.