Bitcoin is gaining acceptance by major financial institutions. They are being cautious about it, but Bitcoin and the technology behind it enable more reliable and cheaper transactions. The foreign currency exchange markets are particularly interested. Rather than Bitcoin challenging conventional currencies, it may enable them. A first step: Barclays is accepting Bitcoin transactions for charities.
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“Barclays Just Became The First UK Bank To Support Bitcoin” – @Quartz
Pretending Not To Panic 