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Author Topic: afr.com: Banks get ready for virtual cash  (Read 730 times)

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afr.com: Banks get ready for virtual cash
« on: June 07, 2012, 12:23:43 AM »
Banks get ready for virtual cash

...The rise of virtual currencies would signal a leap forward in the way people conduct transactions, while further blurring the line between online and real world retail shopping.

Where traditional currencies such as the Australian dollar are guaranteed by governments, virtual currencies such as BitCoin often have no central organising groups or value.

But despite the risks, usage is rising...

Read all on: http://afr.com/p/technology/banks_get_ready_for_virtual_cash_I7LI6KZ7wx9TXNwUKWuc9I#
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