The part that might be the most important is this : < Other "attractive features" of the technology include transaction irreversibility, near-instantaneous clearing and settlement and a reduced margin of error, as individual transactions are openly verified by a community of network users. >
The problem with this is, we as the consumer will never see the benefit of these savings. The saving will benefit the shareholders and investors and the consumer will still be exploited with high fees.
The problem with this is, we as the consumer will never see the benefit of these savings. The saving will benefit the shareholders and investors and the consumer will still be exploited with high fees.
I guess every satoshi they make use of helps in the long run for all of us in terms of the price. The more outfits that implore the blockchain to do business for them is an ultimate boon to what we're doing here especially in a time like this when we're trying to crush a bear market and move on from a historical bullet to the head/price.
I suppose a widespread adoption of blockchain for business use could support a bull phase for BTC price. However, i could put some stakes - aka € - also on BME:SAN since they could be a step ahead of their competitors if they are the first to deploy blockchain to reap savings in their ops. There ain't no such thing as a free lunch, however.
