"Bitcoin true believers think it will ultimately do to Wall Street what the Internet did to fax machines"
Uhhhhhh yeah, because the internet totally killed fax machines right? The last three fortune 500 companies I've worked for still actively used fax machines which were integrated into their copy machines. They're very much far from being extinct.
I'm not sure where you came to the conclusion that it meant complete and utter annihilation vs something much less dramatic like moving from the primary way to send and share important documents to a marginalized secondary player kept alive mostly due to legacy/dated procedures. Trust me no one who is 10 years or under today is ever going to send a fax in their professional life.
Uhhhhhh yeah, because the internet totally killed fax machines right? The last three fortune 500 companies I've worked for still actively used fax machines which were integrated into their copy machines. They're very much far from being extinct.