Bitcoin as part of over the counter derivatives reform measures

Seems like the primary problem precipitating the 2008 financial crisis was counterparty risk in the otc derivatives market. Bitcoin is a sort of an over the counter forex market that allows better risk management between counterparties.

People think wealth is owned by banks. But wealth is owned by people. Banks are just one part of the wealth management infrastructure. OTC derivatives are another part of it, and are not going away. They just need better decentralized tools for risk management like bitcoin.