Topic: LOL!!!! BIS Chief: WTF did you say!? Litecoin bought a Bank (Read 82 times)
Charlie Lee is a really cool guy, but this move is hard to comprehend. I mean, it goes against everything the cryptocurrencies should stand for. Or at least it goes against Satoshi's original idea and what bitcoin should stand for. IMO, the point is to make the banks obsolete, not to enter into partnership with them.
In my opinion, Charlie Lee is one of the few crypto figures that deserve respect and that can be trusted. It's still unclear on what he's trying to achieve by this, but I'm pretty sure he knows what he's doing, exciting times coming ahead!
Looks like integration is underway:
https://www.coindesk.com/what-crypto-really-thinks-about-litecoins-banking-ambitions/
Still need to solve this problem:
https://medium.com/proto-token/why-cryptocurrency-needs-an-enterprise-solution-9e9f1f20ddef
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