Dear banks, it's not about blockchain technology

[aardvark15]

I could be wrong, but the blockchains that the banks are working on would be private blockchains, correct?  I mean they wouldn't be open ledgers.  They would be private ledgers between financial institutions.  This is fundamentally different than an open ledger that bitcoin has, so I don't think it would be a threat to bitcoin.

[vinaha]

How to Disclose bank's private blockchain technology hoax ?

Dear banks, it's not about blockchain technology, it's about we don't want you controlling our money any more. ----- from reddit

 

Bullseye.

Banks know that Bitcoin is the end of their system. Using "blockchain technology" is a way to use the enemy to fight the enemy. Pull out the underlying technology, claim they are the same, then throw out the competition.

I hate banks. And for the record, I don't use banks. It's hard to do in today's financial grid, but possible.

[RealPhotoshoper]

How to Disclose bank's private blockchain technology hoax ?

Dear banks, it's not about blockchain technology, it's about we don't want you controlling our money any more. ----- from reddit

 

yeah,as we know bitcoin created to f*ck the banks and now bank start take over bitcoin technology with blockchain way,yes we all know this is will not good for us,bank will have more technology to control and manipulate our money

[maku]

Blockchain stored privately is not blockchain anymore. In my book there is no private blockchain.
The very definition of blockchain is: 'public transparent ledger used to store every transaction info'.

[vinaha]

Blockchain stored privately is not blockchain anymore. In my book there is no private blockchain.
The very definition of blockchain is: 'public transparent ledger used to store every transaction info'.

Blockchain stored privately is called Excel.