Topic: Preferring the technology not the coin - page 2. (Read 1352 times)
This is an interesting article. In fact, there are different banks that are already working on proposals for adoption of Blockchain Technology, there are also some banks working with existing currencies, such as the Ripple cryptocurrency, but I think most banks will think first about the possibility of creating their own currency, before considering using an existing cryptocurrency.
the technology that bitcoin made famous, blockchain technology, is open source and free for all to use and since it is a good technology everyone is interested in using it, banks included.
but this doesn't mean bitcoin will be adopted less or more. since bitcoin is offering decentralization it will remain separated.
but this doesn't mean bitcoin will be adopted less or more. since bitcoin is offering decentralization it will remain separated.
thanks for the link i am from india, and the main reason behind the sleepness of many people here is they do not understand anything about bitcoin and they do not even want to know about it because they are too lazy to do or learn anything new. only few people did understand it correctly
The blockchain, to me, is what makes bitcoin work--and bitcoin is what I care about. I'm not a banker, not a businessman who'd have any use for blockchain tech in day-to-day life.
I get that banks are finding a use for this, but bitcoin will remain strong if the community is strong. I have said this before: I never thought bitcoin would live past 2013. I really thought it was a passing fad, and the bubble of that year almost confirmed it for me. Then I checked back in 2014 and people were still passionate about it. So let the banks do whatever the hell they want to do with blockchain tech. It makes no difference to bitcoin's viability IMO.
I get that banks are finding a use for this, but bitcoin will remain strong if the community is strong. I have said this before: I never thought bitcoin would live past 2013. I really thought it was a passing fad, and the bubble of that year almost confirmed it for me. Then I checked back in 2014 and people were still passionate about it. So let the banks do whatever the hell they want to do with blockchain tech. It makes no difference to bitcoin's viability IMO.
Another day another top bank of India chooses to accept blockchain as the technology but not a mention of accepting Bitcoin. I agree that Blockchain is good but who made it good, and why did people accept it, was due to. Bitcoin another attempt to try to use digital Fiat, but not Bitcoin wonder when will they ever learn. I hope the people of India wake up and fight this and push for Bitcoin under their top bank patronage. Ps this link is 5 days old got it from a what'sapp from my friend.
http://www.pymnts.com/news/b2b-payments/2017/india-blockchain-rupee-digital-currency-distributed-ledger-demonetization-payment-rails/
Of course banks will choose adoption technology of blockchain than adoption bitcoin as digital currency, the reasons that can be accepted is there are no regulator for bitcoin and the bankers doesn't like it. http://www.pymnts.com/news/b2b-payments/2017/india-blockchain-rupee-digital-currency-distributed-ledger-demonetization-payment-rails/
They won't be losing power for control money printing and as we know bitcoins can not be controled by bankers or other peoples.
Developers that push and market "blockchain" technology to banks and other financial services, and other sectors are either scamming or are scamming themselves into believing that "blockchain" is the future of everything. On the other side the "buyers" of the technology like banks want to be "in" on the lasted technology in which they thought was so great that they just have to have it. They are joining the bandwagon, nothing more. What they fail to realize is that there is only Bitcoin.
Another day another top bank of India chooses to accept blockchain as the technology but not a mention of accepting Bitcoin. I agree that Blockchain is good but who made it good, and why did people accept it, was due to. Bitcoin another attempt to try to use digital Fiat, but not Bitcoin wonder when will they ever learn. I hope the people of India wake up and fight this and push for Bitcoin under their top bank patronage. Ps this link is 5 days old got it from a what'sapp from my friend.
http://www.pymnts.com/news/b2b-payments/2017/india-blockchain-rupee-digital-currency-distributed-ledger-demonetization-payment-rails/
http://www.pymnts.com/news/b2b-payments/2017/india-blockchain-rupee-digital-currency-distributed-ledger-demonetization-payment-rails/
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