It could be a blockchain between funds and large corporations that want to make transactions without banks. If it is so then it would be such a blockchain that will consolidate the most powerful and rich people in the world. Hope that this closed blockchain wont be created I don't want them to hide information using the technology that was created in order to make our world more transparent and fair.
Such a blockchain can damage a transparency of such a pure technology. I hate rich people when they do such things because the intervention in sphere of economic freedom accepts one more time that the richest want to power the world and dictate the rules. They don't want ordinary people be free from their dictatorship that's why I don't want IMMO to be. By the way there is a resistance movement STOP IMMO. Just google and join it. Rothschild' crypto projects have to be stopped!
And why should be there transparency when it comes to their own money?
Why do you care about what people do with their own money?
Do you know have access to all the bank accounts and know every move everyone is making?
If you are an advocate of transparency how about you post here all your bitcoin transactions and a statement from your bank for the last 3 months?
Funny how lots of people are angry at anyone who speaks against bitcoin shouting freedom and decentralization but are also trigger happy when it comes to stop projects they don't like. Irony much?
Sorry, I dont know about the movement that you've mentioned but I totally support the idea to resist the richest because someone has to remind them that this is not only their world.
Yeah, tell that to those rich guys!!
Resist the rich, burn them down so we can all be dirt poor like all the crazy socialist end up.
I meant that initially blockchain was created to make the history of transactions open for all participants but this hypothetic blockchain will be more likely closed and considering the wealth that its participants have, I suppose that it's very very big, they can influence the world economy inside their own created ecosystem making huge transactions over the counter. And this is not for what blockchain was created I dont want them to show all their history of payments to the world the privacy is priceless but I dont want them to do their trade operations off the created system without central banks. They have more power than large corporations that's why these rich have to be verified as well as their transactions. It is not necessary to show to all their transactions but government should participate in validation of their transactions.