Cyrptocurrency has been a recent focus in the financial world. To play our part, we hosted a successful launch of the Chicago FinTech Forum by “The Rise and Rise of Bitcoin”, which gives a complete history of bitcoin, from its invention, early adoption, trading volatility, and regulatory acceptance (sort of). We live in a highly regulated financial environment, which makes it difficult for unregulated forms of money, as most of the movie’s protagonists learned, some harshly.
Generally, attendees agreed that the technology behind the digital currency is more interesting and has more possibilities for mainstream adoption than bitcoin itself. For a debate and discussion of potential adoption of bitcoin’s blockchain technology for other purposes, see this post on Chris Skinner’s “Finanser” blog.