Best of BankThink 2012: Readers' Choice
American Banker Executive Editor Marc Hochstein provides a firsthand account of what it's like to obtain and transfer the alternate currency Bitcoin. Per the post: "The problem with Bitcoin right now is that if it were a car, it would come only in stick shift. When the automatic version arrives, though, watch out."
Columnist Andrew Kahr takes Amex to task for its Bluebird product, a prepaid card that all-too-closely resembles a traditional checking account, but does not offer FDIC insurance. Per the post: "Can Amex operate as an uninsured bank under the laws of 50 states, selling checking accounts untouched by bank regulation? I doubt it."
We revisit our 10 most popular BankThink posts of 2012, based on audience page views.