StockFetcher Forums · General Discussion · digital currencies or cryptocurrencies<< >>Post Follow-up
four
5,087 posts
msg #140345
Ignore four
12/23/2017 11:19:50 AM

"In essence, banks will be able to register, validate and share customer information – presumably with the customer’s consent – in an efficient, secure and instantaneous manner. In other words, in the mother of all ironies, a technology that has so far been geared at guaranteeing anonymity in transactions, or at least has been marketed on that basis, could soon be used by banks to keep much closer track of, and share data on identities, money flows, transactions, and spending habits."

https://wolfstreet.com/2017/12/21/banks-disparage-bitcoin-but-love-the-technology-that-enables-it/

Kevin_in_GA
4,599 posts
msg #140348
Ignore Kevin_in_GA
modified
12/23/2017 1:09:28 PM

That's the difference between BLOCKCHAIN and Bitcoin. Blockchain is what the banks are seeing as the future, not cryptocurrencies that are mined by speculators.

BLOCKCHAIN EXPLAINED

StockFetcher Forums · General Discussion · digital currencies or cryptocurrencies<< >>Post Follow-up

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