The virtual currency is likely to decentralize banking services, says Trond Arne Undheim, senior lecturer at MIT Sloan School of Management.
Bitcoin heralds a new age more disruptive than that of today’s Internet. Disruption can be a good thing, especially when it affects banking, a failing set of business models which, for all the tweaks, have been virtually unchanged for millennia. Paradoxically, some banks are afraid of Bitcoin because it would force them […]
