[2014-09-12] Banking on bitcoin? Why many more may do so soon

[austins]

http://www.channel4.com/news/bitcoin-bank-of-england-super-rich-excluded-poor-internet-currency

Having monitored developments in the world of bitcoin for a year, the Bank of England has now delivered its verdict on a currency that was only created five years ago.

When I spoke exclusively to the Bank's Chief Cashier, Victoria Cleland, she was keen to say the Bank doesn't want to dismiss bitcoin. It is watching how it develops and wants to be seen to be taking it seriously.