Decentralized, math-based currencies can provide a framework for independent banking. To the average person that may not mean much, but to some the concept is enchanting.
Controlling cash outside of incumbent systems is particularly exciting to cyberpunks plus crypto-libertarians, yet the banks will certainly, at some point, be working carefully with bitcoin. A future exactly where cryptocurrencies are a mainstream monetary technology will likely depend on this.
Here are 3 different banks, with very different stances on bitcoin, that will reveal just how contrasting the particular financial industry can be.
Continue reading at CoinDesk