Post
Topic
Board Bitcoin Discussion
Re: Is there any real use for bank-backed cryptocurrency ?
by
Patatas
on 13/04/2019, 11:04:12 UTC
Beginning with the fact that cryptocurrency was originally built in some sort as a mean to avoid banks and the bureacracy related to those kind of thing, is there any use for bank to launch their crypto, why would people who are searching for a non-centralized way to manage their asset to join centralization expert like JPM or other   
Banks can put their operations on blockchain but that would be a private blockchain! They will never run a public ledger because if they did, no one will like to open accounts there. I mean why would you want everyone to know what your bank balance is?