Quote from: ajareselde on December 18, 2015, 06:26:13 PM

Quote from: EdenHazard on December 18, 2015, 01:05:19 PM

Quote from: techmanuk on December 17, 2015, 11:10:35 PM

This article caught my eye earlier: http://www.wired.com/2015/12/big-tech-joins-big-banks-to-create-alternative-to-bitcoins-blockchain/

Seems that big banks want in on the idea of the Blockchain, but are opting against Bitcoin.

no i dont think they will create something like bitcoin or against bitcoin,maybe they just will create another crypto currency,and will not same as bitcoin,even that using and based blockchain technology.

They definitely do plan to create something against bitcoin, otherwise they would use the already existing and working model that bitcoin represents.
After realizing that we are becoming a threat to them, they will try with rival crypto based operation, but they missed the whole point of it - decentralization, which i doubt they will implement in their model.

But people will not use the coins created by the banks. It is difficult for the banks to agree on a single coin.