This kind of news concerns me. It concerns me that big, powerful banks are showing interest in 'the technology behind bitcoin'. They're showing interest in the blockchain but not bitcoin? Any tech experts know if some 2nd rate blockchain would be secure? Who would run the network, presumably it wouldn't be possible & they'd be forced to end up using bitcoin any way? Or am I talking shit? Let me break down the questions and do my best in answering them. 1. They're showing interest in the blockchain but not bitcoin? Yes, the bitcoin's blockchain.2. Any tech experts know if some 2nd rate blockchain would be secure? Who would run the network, presumably it wouldn't be possible & they'd be forced to end up using bitcoin any way? From my own humble point of view, it wouldn't be as secure as bitcoin's blockchain, don't forget that in this way, the blockchain is centralized, on the contrary of us.
The network would be run by a union created by them or an elected alliance.3. Or am I talking shit? There is no stupid questions, only stupid answers.I was always told "there are no such things as stupid questions...only stupid people" And I always believe in this, because nobody was born to know what they are knowing now, they had to ask to know. |
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No one want to contribute ?
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This kind of news concerns me. It concerns me that big, powerful banks are showing interest in 'the technology behind bitcoin'. They're showing interest in the blockchain but not bitcoin? Any tech experts know if some 2nd rate blockchain would be secure? Who would run the network, presumably it wouldn't be possible & they'd be forced to end up using bitcoin any way? Or am I talking shit? Let me break down the questions and do my best in answering them. 1. They're showing interest in the blockchain but not bitcoin? Yes, the bitcoin's blockchain.2. Any tech experts know if some 2nd rate blockchain would be secure? Who would run the network, presumably it wouldn't be possible & they'd be forced to end up using bitcoin any way? From my own humble point of view, it wouldn't be as secure as bitcoin's blockchain, don't forget that in this way, the blockchain is centralized, on the contrary of us.
The network would be run by a union created by them or an elected alliance.3. Or am I talking shit? There is no stupid questions, only stupid answers. |
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I appreciate what you're doing here.But I would like to mention that not all these article have something to do with Bitcoin or any other of the known altcoins.Instead it's about the underlying technology(Blockchain).
For instance the last Forbes Article has absolutely nothing to do with Bitcoin. The word Bitcoin was used 2-3 times but the content was all about Blockchain tech.
So I would recommend to really study and read the articles to check if it has something to do with why we are here, meaning the Bitcoin ecosystem and not just Blockchain.
Many(not all) of the last articles here had nothing in common with Bitcoin.
Bitcoin is not Blockchain technology.
For a bullish news thread really only articles which are proven to be about Bitcoin should be mentioned.
Otherwise it is kind irritating imo.
I appreciate your feedback, Denker. The main reason behind sharing blockchain news is this topic of mine ( https://bitcointalk.org/index.php?topic=1176375.0), as you can read, bitcoin's blockchain benefits bitcoin itself, so any bullish news for the bitcoin's blockchain is bullish for bitcoin as well. Thanks for the bullish news my friend, gotmilk  |
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 Well done, Fak. Thanks Ramsay, so much appreciated from you my friend |
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/u/Mutt7 on /r/bitcoin
"Very good point. Right now, Bitcoin is seen as pretty useless to most people. That's mostly because they don't understand it. They don't understand its decentralized nature and that their fiat currencies can have capital controls in place to prevent them from accessing their money (similar to what happened in Greece) or even bail-ins.
Who knows, maybe nothing will ever come of this experiment that is Bitcoin. But I'd be so mad at myself seeing the potential and miss out on what could be the greatest investment opportunity of my generation."
I highly doubt that my friend (the bold part). And in context to what you are posting about, this is worth a read : Brazil cuts spending and raises taxes http://www.bbc.com/news/business-34252951 |
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This thread warms my heart. Thank you, thank you kind stranger! I'm happy to hear that brother, you are most welcome |
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@Fakhoury  Thank you TQMA, really appreciated my friend |
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