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Title: Traditional Banking systems beginning to fail inthe face of Cryptocurrency Post by: Bitcoinpro on February 02, 2016, 08:51:43 PM now that Crypotcurrency has been found to be resistant to
DNS attacks, the Traditional sector is under pressure fron forces it cannot resist Title: Re: Traditional Banking systems beginning to fail inthe face of Cryptocurrency Post by: Pab on February 02, 2016, 10:05:53 PM Thay will develop his own centralizated blockchain Look Mike Hearn project or even Ripple Thay will print crypto like a hell But finnally thay will die
Title: Re: Traditional Banking systems beginning to fail inthe face of Cryptocurrency Post by: randy8777 on February 02, 2016, 11:54:12 PM now that Crypotcurrency has been found to be resistant to DNS attacks, the Traditional sector is under pressure fron forces it cannot resist you are right, but what prevents goverments and banks from making their own crypto currency? nothing. bitcoin is great for sure, but they will not use it as one of their main currencies because they simply don't have control over bitcoin. they like to rule every aspect of the financial market with iron fist. that's why they just investigate bitcoin to see where they can improve and eventually release their own crypto currency. Title: Re: Traditional Banking systems beginning to fail inthe face of Cryptocurrency Post by: ~Bitcoin~ on February 03, 2016, 06:09:41 AM Thay will develop his own centralizated blockchain Look Mike Hearn project or even Ripple Thay will print crypto like a hell But finnally thay will die yes there will be no difference between centralized blockchain and traditional tech behind payment processing so they will not be like bitcoin. However they can protect themselves from hacking attempt due to distribution of their ledger to different servers and location through blockchain tech. |