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Topic: LOL Antonopoulos Destroys Banks’ Blockchain Delusions Once Again - page 2. (Read 1496 times)

sr. member
Activity: 322
Merit: 250
Andreas is an incredibly smart guy. But I don't think he's right about this.

Just because all of those features are desirable to him and some other people, doesn't mean they're desirable to banks or other people.

All banks want is a secure and fast way to transfer money between each other digitally. without losing control.
sr. member
Activity: 356
Merit: 250
that quote is perfect xD
member
Activity: 84
Merit: 10
Banks are not stupid but if they do miscalculate this,they could face a issue where it pushes more people towards bitcoin. As opposed to leaving it alone altogether and not actually making a wrong step that would feed new bitcoin users.

The banks one weapon has always been regulate and clamp down so they can jack the fees.
Only way they can achieve this is through slow lobbying of the governments which are not to keen on leaning one way or another.
Some have leaned one way and I think either way they went is wrong at this time.
legendary
Activity: 2674
Merit: 2965
Terminated.
He's not wrong. The banks are deliberately trying to divert attention from Bitcoin and call anything that has a, let's say "block-like" structure, blockchain. There are missing the core vitals of the system, which is open-access && decentralization.
newbie
Activity: 6
Merit: 0
https://news.bitcoin.com/antonopoulos-banks-blockchain-romance/

Quote
"‘So that nice open, decentralized, borderless, peer-to-peer, open-innovation, open-access system you built. Well, we can build one that is not open, not decentralized, not borderless, not open-innovation, and not open-access that we control completely… blockchain!’ And they’re missing the point."

This is why im bullish on bitcoin (and other open-access cryptos) long term. All this blockchain/distributed ledger talk from banks and blythe masters is getting tiresome and boring tbh.
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