Bitcoin Classic helps banks because it centralized nodes with the blocksize increase. Anything that raises the blocksize helps banks. Also they are anti-privacy, you will see if they win, how they will start inserting anti-Tor stuff onto their code. Those guys are the same evil that XT was, but gullible newbies want big blocks and they will not pay attention to anything else.

So far , I haven't seen a single article clearly explain how
banks could actually use a distributed ledger for fiat.

Banks already have ledgers and balances with each
other and no one can be forced to pay except in
court.

I guess it might be easier for a bank to sue another
bank if there's public record of what was owed?

But even that seems like a kind of weak argument
as there would be records.

So, whats the point of a distributed ledger
between banks?

does tgis bank even work pls reply 

Walking it back. Duly noted. Was 'Bitcoin Classic was created by the banksters as a tool to kill crypto', now changed to an unverifiable speculation that 'banksters think they can subvert Bitcoin Classic trivially, while subverting Bitcoin Core presents an insurmountable obstacle'.

I call bullshit. Again.


Encouraging division? They? Who? The banksters? Care to point out where the banksters are sowing this discord? Let alone the obvious grey area as to who is the divided and who is the dividee. Core has been getting a clear signal for months that at least a non-negligible minority -- and perhaps a clear majority -- is not buying into their so-called scaling plan. It could be argued that it is Core that is the source of the discord.


Umm Humm. Classic, which is planned as legacy with a changed value of one constant, is an altcoin, while Core, which is legacy plus RBF plus SegWit, plus... and totally changes the validity protocol, is not an altcoin. Do you even listen yo yourself?

Many banks have invested in Bitcoin startups or want to use blockchain technology
themsleves, possibly Bitcoin.  Nasdaq is already doing so.

Your theory of the "banking establishment" out to divide or attack Bitcoin is
unsubstantiated, let alone that they are taking notes about Classic.
 
Ok maybe Jamie Dimon is plotting something.  He's obsessed with Bitcoin.
But he's one guy.

It's Over

Toomim Coin REKT

Maybe after their hard work on the blockchain technology, they found bitcoin is the best to adopt for their business. They might provide services based on bitcoin.

It depends on what you mean by the word "peacefully". Will there come a day when central banks won't want to "control and own" everything, including bitcoin? No.

Why does any bank need to take over Bitcoin? The way it works simply won't ever fit with how those guys operate. They'll take some ideas from it and make something that makes normal banking better but it won't solve any of the deep rooted problems.

What banks are trying to create is a single standard for information sharing. Currently each bank has its own database, and they have a lot of trouble synchronizing data between them. Now they want a single shared db that everyone will use. They call it "blockchain", for whatever reason. Nothing in common with bitcoin.