http://afr.com/p/technology/banks_get_ready_for_virtual_cash_I7LI6KZ7wx9TXNwUKWuc9I
[i]"Leading financial institutions and experts are betting that virtual currencies such as those used in video games will become mainstream tender in the real world within three to five years.
HSBC’s global head of e-channels strategy and innovation, Andrew Davis, says his bank is gearing up under the assumption that virtual currencies would soon become a normal way of buying goods and services.
… Where traditional currencies such as the Australian dollar are guaranteed by governments, virtual currencies such as BitCoin often have no central organising groups …"[/i]
