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Topic: [2015-06-03] Nasdaq: Is A Blockchain Without Bitcoin Possible Or Practical? (Read 438 times)

legendary
Activity: 2898
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"Probably like most people, when I first heard that Wall Street was investing in the technology, I assumed that they would find some way of using it that would not involve using bitcoin or some other altcoin. The deeper I have gone into the question of whether that is possible, though, the more convinced I have become that it isn't. The only practical solution would be to keep Bitcoin or something similar as the payment for maintaining a distributed ledger, and in the long run that bodes well for the value of the existing currency."

They will have to come up with their own centralized blockchain..  lol  good luck with that
legendary
Activity: 1232
Merit: 1000
Is A Blockchain Without Bitcoin Possible Or Practical?

http://www.nasdaq.com/article/is-a-blockchain-without-bitcoin-possible-or-practical-cm482964

The question of whether or not bitcoin the currency can be separated from the blockchain is not a new one; it has pretty much been around since the inception of the digital currency. It has gained increasing relevance over the last few months, as major financial institutions have begun to recognize the potential of a distributed ledger system, which is what the blockchain is.

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