Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
kehtolo
on 02/01/2017, 11:25:42 UTC
Hi. I work with financial institutions and Bitcoin is still a dirty word to them. I'm not supporting that point of view - just saying what I am seeing.  Also the banks are hell bent on building their own alt-coins.  They just haven't figured out that no one will trust a private ledger.  You can thank Mike Hearn for that one.  The R3 / Corda technical white paper was released about a month ago.

And probably will remain so for a while yet, or until it is obvious to even the most ardent opposer that it will come to pass this way, whether they like it or not (which is irrelevant btw)
Something about a permissionless distributed ledger (let's call it that) in that the permissionless part don't give s shit if you like it or not.. or if you like the name or label..etc.etc.

Read a brilliant tweet in recent weeks, can't seem to find it now, so again paraphrasing:

Bitcoin was invented because banks didn't trust one another.
Then they went and built R3 to prove it!