On the Nasdaq website, Martin Tillier asks, “ Could Bitcoin Destroy the Global Banking System? ”
Tillier imagines a possible “Kodak moment” for the whole banking industry. In the early days of mobile phones, only a few enthusiasts dared to imagine that camera-equipped phones could ever threaten established camera manufacturers, but Kodak was forced to declare bankruptcy only a few years later, in 2012.
Tillier’s answer is that yes, Bitcoin could seriously hurt the banking system. […]
