How will virtual currencies like Bitcoin affect traditional financial institutions?

Posted on 04-30-2014 by
Tags: Trending News & Topics , trending news , banking & finance

What we might imagine as the norm for currency in an alternative reality could easily draw inspiration from what’s quickly emerging in our own: a decentralized, digital global payment system and technology represented by a virtual currency. Here, science fiction has met fact in the growing phenomenon known as Bitcoin.

Read about what bitcoin means for banking via This is Real Law.

Infographic courtesy of GetElastic.

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