Very interesting....
SWIFT handles $5 trillion in payments every single day. Or $1.25 quadrillion each year. If @Ripple captures 1% of that market, it handles $50 billion a day. That's a 200x increase from todays' 24hr $XRP volume. ...And that's just 1 usecase. Let that sink in.
BitCoin is not an “investment.”
It’s a cash or credit card substitute.
I am aware of a few major banks that are looking to replace the SWIFT system with a crypto currency.
I’ve devoted a couple of hours to investigating Bitcoin, and I still don’t get it.
Example - How does one “mine” something that is essentially non-existent?
And in 1980, Apple stock was considered “risky.” If you had invested $1,000 in Apple, your portfolio would be valued at $500,000 today.
And, by extension, if any financial institution had anything to do with bitcoin, I would avoid them like ebola, zika, and Hillary combined.