Bitcoin and Banks? Things to Come.

Bitcoin and Banks? Things to Come.

As we pointed out in our previous interviews with a lot of highly educated and important people inside the financial sector, the banks are looking at Bitcoin and its technology. Recently some banks have come forward into admitting that they are “looking into Bitcoin and the blockchain technology”. Among these banks are 3 Dutch banks: Rabo Bank, ING and ABN Amro. It is true that the Dutch government and financial oversight commissions have urged caution with the whole digital currency. Nevertheless our predictions from last year have rung true. We said in many articles that the banks,....


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Quotes

Bitcoin is the beginning of something great: a currency without a government, something necessary and imperative. But I am not familiar with the specific product to assert whether it is the best potential setup. And we need a long time to establish confidence. I only talk from skin-in-the-game. If I had money in Bitcoin, I would have reported it. But I don't yet. I am waiting to understand it better, not with my brain, but with my experience.

Nassim Taleb, Author and Risk Analyst