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RE: Reality Check: Is Crypto Backed by “Radical Transparency”?

in #dash7 years ago

For Europe It does not take much to make bitcoin "crypto-euro" respectable and everyone would benefit: banks, instead of suffering, will develop new services related to crypto-euro. They ensure payment on payment validation transactions between users. The "crypto-euro" bitcoins will fill the bank's product portfolio. If it tries to distinguish itself in front of the tsunami of mobile payment solutions, which involve a lot of intermediaries, which sweeps, this is an ideal way: it is a matter between the bank and the user ... without bank account .

Who says better ? In addition, managing a blockchain is much cheaper than participating in clearing houses (hence the bad mood of JP Morgan). Governments in countries that rely on cash can reduce their dependence without having to bankarize the population first.

Finally, a nontuberous bitcoin will allow investment to drop, a boon for banks in search of a second wind.

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