Click Cover to Read Digital Edition

AVAILABLE IN THE APP STORE
iPAD APP
iPHONE APP

UPCOMING EVENTS

 
Card Forum & Expo
April 22-25
Hilton Orlando Bonnet Creek
Orlando, Fla.
 
EMERGE: The Forum on Consumer Financial Services Innovation
June 2-4
Hyatt Regency Century Plaza
Los Angeles
 
Digital Banking Summit
June 2-4
Hyatt Regency Century Plaza
Los Angeles
 
2014 RDC Summit
Sept. 30 - Oct. 2
Las Vegas
 
ATM, Debit & Prepaid Forum
October 19-22
JW Marriott Desert Ridge
Phoenix
 
Money2020
November 2-6
Aria
Las Vegas
More events >  

Threat to Fiat Currency?

For Banks, Digital Currency Poses Threat — and Opportunity
American Banker
The digital currency called Bitcoin was conceived as a rebellion against the banking system. But it may also present business opportunities for banks that can get comfortable with the risks.


Bitcoin Really Is an Existential Threat to the Modern Liberal State
Bloomberg
Bitcoin may be a bubble that will burst. If it does, other forms of digital cash will come along.


Bitcoin’s Gains May Fuel Central Bank Concerns: Chart of the Day
Bloomberg
Virtual currencies “could have a negative impact on the reputation of central banks” if their use grows considerably, the Frankfurt-based ECB said in its research paper.


Has Bitcoin made Digital Currency ‘Real’?
Boston Globe
The system has both champions and critics. Listen long enough, and the phrase “Ponzi scheme” will come up eventually. But the track record of the world’s central banks is nothing to brag about.


Don't Get Bitten by Bitcoins
CNN
After all, the tax evaders, drug dealers and terrorists attracted to Bitcoin would not be likely to cooperate with authorities when they have been hacked and robbed.


Mining Digital Gold
The Economist
Even if it crashes, Bitcoin may make a dent in the financial world.


As Cyprus Implodes, Bitcoin Interest Explodes
Fox Business
The currency, a favorite among those worried about the safety of traditional banking and paper currency, is emerging as an apparent winner from the drama surrounding the bailout of tiny Cyprus.


The Real Significance of the Bitcoin Boom (and Bust)
Time
The Internet will almost certainly offer access to a growing number of currencies in one form or another that are beyond national control. If a future Fed chairman tries to repeat Ben Bernanke’s policy of quantitative easing (effectively printing money), worried investors could start pulling their savings out of the dollar and send it streaming into the cloud so fast that the Fed would be forced to change course.


Bitcoin Has No Intrinsic Value, And Will Never Be A Threat To Fiat Currency
Yahoo Finance
The U.S. dollar is important, because the world's strongest entity, with the full force of the U.S. army, the FBI, the CIA, the NSA, and various local authorities with guns demands that you pay them in U.S. dollars. That's not faith. That's the law. Sorry.

<-Back