A7 Culinary test for talented chefs KELOWNA
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Friday, February 5, 2016 • www.kelownacapnews.com
WOMEN COMING SOON!
BUSINESS 2016
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GOLF TOURNEY IN KELOWNA GALLAGHER’S CANYON TO HOST MACKENZIE CANADIAN PGA TOUR EVENT JUNE 6 TO 12 ................A26
TRIP TO MERRY OLD ENGLAND LAST YEAR LONDON SURPASSED PARIS AS THE WORLD’S MOST-VISITED CITY .......................................A23
Bitcoin. Virtual currency. Disruptive innovations. Big banks. Consumer and government debt. Inflation. As citizens and governments around the world continue to go further into debt, questions arise about whether there is an alternative to the current banking system we have lived with all our lives. Proponents of a virtual currency called Bitcoin say it has the power
to change the banking system as we know it, cutting out the middle-man and allowing individuals and businesses to be their own bank, eliminating fees and limiting traditional debt. Could Bitcoin—or any other virtual currency—gather enough momentum to disrupt the banking system in the same way other technological developments have changed other industries? Or will the big banks win
the race to evolve and innovate? There are a lot of questions and even fewer answers. But one thing is for sure, the race is on to give people more choice. And some observers say it’s only a matter of time before the financial system, as we know it, comes to a crashing end. See story A3.
CELEBRATING LOCAL CULTURE THE THIRD ANNUAL KELOWNA FAN XPO WILL TAKE PLACE MARCH 18 AND 19 ...................................A25
DRIVEWAY THE DAWNING OF A BRAVE NEW MOTORING WORLD IS DESCENDING UPON US.................................A36
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