17 May '13, 3pm

'Central banks looking at Bitcoin as real threat to dominance' - #bitcoin

'Central banks looking at Bitcoin as real threat to dominance' - #bitcoin

“We’ve been in the recession now for several year, the eurozone crisis…People are starting to realize that the government isn’t the best people to put their money to, the government isn’t necessarily going to protect their money for them. So something like Bitcoin represents a call for alternative, [an idea] that you might be better off putting your money in technology rather than in the government. We’re seeing lots of governments beginning to scratch their heads and think about ways they could regulate Bitcoin, think about what things like Bitcoin means to them. Last October, the European Central Bank produced a paper on virtual currencies, and that was the first time that a public institution had produced any kind of meaningful document that looked at virtual currencies."

Full article: http://rt.com/op-edge/bitcoin-threat-bank-lost-433/

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