Author

Topic: Traditional Banking systems beginning to fail inthe face of Cryptocurrency (Read 454 times)

legendary
Activity: 994
Merit: 1000
Thay  will develop his own centralizated blockchain Look Mike Hearn project or even  Ripple Thay will print crypto like a hell But finnally thay will die
yes there will be no difference between centralized blockchain and traditional tech behind payment processing so they will not be like bitcoin. However they can protect themselves from hacking attempt due to distribution of their ledger to different servers and location through blockchain tech.
legendary
Activity: 896
Merit: 1000
now that Crypotcurrency has been found to be resistant to

DNS attacks, the Traditional sector is under pressure fron

forces it cannot resist

you are right, but what prevents goverments and banks from making their own crypto currency? nothing. bitcoin is great for sure, but they will not use it as one of their main currencies because they simply don't have control over bitcoin. they like to rule every aspect of the financial market with iron fist. that's why they just investigate bitcoin to see where they can improve and eventually release their own crypto currency.
Pab
legendary
Activity: 1862
Merit: 1012
Thay  will develop his own centralizated blockchain Look Mike Hearn project or even  Ripple Thay will print crypto like a hell But finnally thay will die
legendary
Activity: 1358
Merit: 1000
now that Crypotcurrency has been found to be resistant to

DNS attacks, the Traditional sector is under pressure fron

forces it cannot resist
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