[brg444]

I understand but I'm afraid you are being misled by the article.

While I believe it is an interesting scenario. I do not envision something like that will happen. The only reason it might is for its "consumer protection" value.

I appreciate that Greg realises some of the promises of Bitcoin but the true value for "billions of people" is not an optimized "clearing house". I expect Bitcoin to scale to a point where the store of value and liquidity concerns are non-existent.

At this point, high-inflation economies will turn to Bitcoin, and not gateways that will convert their already worthless currencies to USD or whatever. This provided value will ultimately catch on over here at which point some will find it largely preferable to hold BTC and not their "normal currency. Hell, some already do.