Post
Topic
Board Bitcoin Discussion
Re: BAKKT big deal?
by
arranka
on 20/10/2018, 16:47:29 UTC
bakkt = centralized bitcoin


if you want the bitcoin to be more centralized every day it supports bakkt

if you still believe in the idea of satoshi nakamoto and a decentralized currency do not support bakkt
you are on time



a bank has 100 clients
each client has 10 dollars
in total those all customers have 1000 dollars
but nevertheless the bank only has 100 dollars
If all your customers at the same time ask to withdraw their dollars, the bank will not have to pay them because it only has 100 dollars, so the banks work

with bakkt the same thing will happen, there will be 100 customers with 10 btc each
but bakkt in your vault will only have 100 btc of clients

if all your customers ask to withdraw btc at the same time those of bakkt will not have to pay all those bitcoins

bitcoin is blockchain

bitcoin is not bakkt

bakkt a scam