I made a provocative comment at a recent keynote address by saying that the coding behind virtual currency Bitcoin could be enormously transformational, potentially even replacing the Swift network for interbank payments.
This created a lot of debate among the audience, with many showing a lack of understanding of Bitcoin. This is not their fault. Bitcoin is a fledgling techno nerds’ method of recreating banking. But when asked, not one banker could tell me what the blockchain was. This is just incredible.
