As an old banker myself, I’ve looked at Bitcoin’s financial implications for years and see endless potential. Could it all be the 21st century’s version of the “Tulip Mania” from the 17th century? This desperate dig by Bitcoin antagonists is still a slim possibility, but that feeble argument is starting to fade like the flower itself. Bitcoin is showing it’s influenced by law enforcement, e-commerce, Wall Street investment, technological advancement and much more.
And venture capital, from major players, is running into the hundreds of millions on a monthly basis. It is slowly starting to dawn on the movers and shakers that Bitcoin is not going anywhere, and its only a matter of time before it influences your industry directly. And market leaders the world over are speaking out on what digital currency means to the world in our increasingly digital future.
Bitcoin will have the most trouble entering an arena where fiat currency rules with an iron hand, like banking, since digital currency and fiat currency have a matter/anti-matter relationship. That doesn’t mean leading bankers can ignore it as irrelevant or non-influential. A major part of banking is capital investment in commodities, and few have the growth potential of Bitcoin. Bankers love money, and who says the money they desire has only to be fiat?
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