David Birch is a consultant on online payments from the old guard. He does like bitcoin and appreciate its goals, however he is a skeptic. During his talk, he explains why from his point of view, bitcoin will not take over because it is not hitting the current trends in the markets.
He explains that the current belief in the online payments sector is the growing power of the mobile phone where bitcoin does not hold up as strong as conventional systems.
The talk was highly contentious among attendees, but we are glad to have had David representing the other side of the game. Talks like this can only sharpen bitcoin to spearhead change in online payments.