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    Author Topic: Is bitcoin is the new era of currency?  (Read 72146 times)
    BitFinnese
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    December 06, 2016, 02:49:13 PM
     #161


    I agree there are some news and articles about banks and some big companies getting interested in Bitcoin blockchain technology.  They had announced that they are interested and in the process of studying the impact of implementation of blockchain technology in their system.  This is a good sign that they are being influenced by the technology of Bitcoin.

    Sorry I disagree. If big companies or financial institutes are employing blockchain technology then only to cut costs or get their internal work flow more efficient. But the product they sell (fiat or what ever) will still be centralized (proprietary). Banks can still block your account and the user is still extradited. Blockchain technology used by big companies has nothing to do with the success of bitcoin as a currency at all...

    I wonder where are you disagreeing in my post, there is no where i said that the blockchain this banks or companies planning  is decentralized,  I just said they are interested in the technology and studying on how to implement it  to their advantage.

    Don't cut what I quoted.


    I dont think Bitcoin will be the future, but the technology behind it might very well be. Smiley

    I agree there are some news and articles about banks and some big companies getting interested in Bitcoin blockchain technology.  They had announced that they are interested and in the process of studying the impact of implementation of blockchain technology in their system.  This is a good sign that they are being influenced by the technology of Bitcoin.
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