“The first waves of investments in the Bitcoin ecosystem have focused on mining, retail payments, merchant/transaction acquisition, store of value, mobile wallets, exchanges. None of these have wide application with the public at large or financial institutions nor do I see wide application in the future based on current technology limitations or current regulatory constraints. I also do not believe in wide applicability across many work flows and processes in financial services and with incumbents to be more precise. Further, tacking onto a unique Blockchain many different use cases, many different apps may end up weakening said blockchain for that matter”

http://finiculture.com/distributed-ledgers-part-i-bitcoin-is-dead/