Vikram Pandit: Why I Like Virtual Currencies

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Nov. 14 (Bloomberg) — Vikram Pandit, chairman of TGG Group and former CEO of Citigroup, explains why he is optimistic about the prospects for virtual currencies. He speaks with Bloomberg’s Erik Schatzker at the Bloomberg The Year Ahead: 2015 summit in Washington. (Source: Bloomberg)


  1. "The reason I like the concept of virtual currency is that it's spawning a lot of innovation [that can] be used just as well for normal currency as for virtual currency." Sounds like he's saying, "I like bitcoin because it spawned Apple Pay." If so, he's missing the big picture. 

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