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Banks Squander Opportunity in Bitcoin says Jon Matonis (via American Banker)

I've said this before: Banks have to return to thinking like Silicon Valley and Silicon Alley startups. Without this mentality, banks face an ever-increasingly niched market share and at worst, obsolescence. Innovation in banking is dependent on embracing Bitcoin – will they play or be left in the dust? Therefore, it is by no means out of historical context for banks to re-establish themselves in the competitive money business.

via Banks Squander Opportunity in Bitcoin – Bank Think Article – American Banker.

Can't say I disagree:)

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