Positive article. The part that I didn't like was "What is the technology that is enabling Bitcoin currency to move effectively with more visibility and at lower costs. How can we take that into our current systems and make them more efficient, faster, cheaper and more transparent?” where if the banks were to try to implement the bitcoin technology into their own coin they lose the security of the decentralized ledger and thus a hacker that gets ahold of their miners would control their money and could potentially destroy their currency in less than 1 day.
Hopefully they will eventually figure out that the ledger being decentralized is a huge key factor to its success.
Hopefully they will eventually figure out that the ledger being decentralized is a huge key factor to its success.
Yes, they need to get the confidence to use the Bitcoin ledger.
They can move money through fiat --> bitcoin --> fiat pretty quickly and in an inexpensive manner.
