This article is relevant if you are interested in understanding how Bitcoin can be integrated into a financial system.
Presentation at Bitcoin 2013: The Future of Payments
The following video is a presentation I gave on Saturday, May 18, 2013.
This presentation makes two key points:
- A business treating Bitcoin as a foreign currency is a superior way to account for economic performance and likely meet regulatory obligations.
- Deep integration to the business system will make it easy to adopt Bitcoin and keep internal transaction processing costs very low.
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