"We're really talking about secure, uncounterfeitable, instantaneous, global transfers." - Constance Choi
The financial services sector hasn't innovated in decades and bitcoin and other virtual currencies are challenging the norm, but to what cost? Dan Gailey interviews Constance Choi and Ruby Kalson-Bremer of Payward on the landscape and legalities of virtual currency. For bitcoin and other virtual currencies to succeed, the government has to be on board and consumers have to feel safe. The three discuss where we stand now and what is and has to happen to move forward.