Wells Fargo organizes meet to discuss Bitcoin rules: FT

Comments (2)
blaqfather wrote:

Bitcoin has nothing to do with the banks. It never has, and what the banks have to say about it, is completely irrelevant. – If it was the banks choice, they would kill the idea, because it cuts them out of their fees for almost everything. These are the same banks that tell us that ” bubbles ” can’t happen under their watch. They are the same banks, that bet on mortgages, then one month later, bet against them. Bitcoins are here to stay, whether the banks like it, or not.

Jan 15, 2014 12:23pm EST  --  Report as abuse
RealityIs wrote:

The banks have no more influence over Bitcoin than the recording industry does over torrents. And that’s by design.

They will make an effort to regulate and control it, attempting to make Bitcoin fit into their legacy system.

The survivors in the banking industry will be those early movers who try and fit into the Bitcoin paradigm, not the other way around.

Jan 15, 2014 8:04pm EST  --  Report as abuse
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