I can smell the fear

[spazzdla]

Banks going on about how Bitcoin is useless but the blockchain is great..

Paypal advertising sending money across boarders claming speed and security..

Can you smell it in the air?

[Xialla]

yes I have same impression.

they are somehow trying to separate entire blockchain technology and principles from bitcoin itself. it is logical, because blockchain can improve their services and help them but bitcoin slowly killing them.

I'm not so technically gifted to understands, if blockchain can works separated and without bitcoin usage..

[spazzdla]

yes I have same impression.

they are somehow trying to separate entire blockchain technology and principles from bitcoin itself. it is logical, because blockchain can improve their services and help them but bitcoin slowly killing them.

I'm not so technically gifted to understands, if blockchain can works separated and without bitcoin usage..

It's network hash rate would be laughable.  No one is going to mine JPcoin when they can give them selves as many JP coins as they want.  The hash rate of bitcoin is what makes it so powerful, you'd have to convice the miners to jump.. good luck lol.

[amaclin]

Banks going on about how Bitcoin is useless but the blockchain is great..

Noboby will secure transactions (build blockchain) for free (without award)
blockchain without hash power is useless.
So this smells as a bullshit

[findftp]

Banks going on about how Bitcoin is useless but the blockchain is great..

Paypal advertising sending money across boarders claming speed and security..

Can you smell it in the air?

I think they know you can't separate bitcoin from blockchain but they want to spread fear to people in the hope they can buy their coins cheap.
If they do think you can separate it they are unimaginably stupid.

[manselr]

Banks going on about how Bitcoin is useless but the blockchain is great..

Paypal advertising sending money across boarders claming speed and security..

Can you smell it in the air?

It's obvious they are panicking as shown by their ongoing, constant FUD campaign. At first is was all day everyday with the constant asociations of Bitcoin with criminal and elicit activity, drugs, money laundering, whatever. And now, they are trying to pull this magic trick of separating Bitcoin from Blockchain. When will these idiots learn???

[Orangina]

Banks going on about how Bitcoin is useless but the blockchain is great..

Paypal advertising sending money across boarders claming speed and security..

Can you smell it in the air?

Not really , there is already two big known and famous Banks on France which are planning to add Bitcoin to their system soon and they are in Beta (BNP PARIBAS & Société Générale)

[LiteCoinGuy]

i smell puh

https://www.youtube.com/watch?v=NShCEMZ9wY0

[squadouche]

Banks are not interested in bitcoin, but they are in the technology behind in. The blockchain technology to be specific. In this way, you can say: 'yes you can seperate bitcoin from the blockchain'.

i'm sure the blockchain technology would help banks and other instances like nasdaq a lot, but this will not affect the bitcoin itself.

Correct me if i'm wrong

[LiteCoinGuy]

Banks are not interested in bitcoin, but they are in the technology behind in. The blockchain technology to be specific. In this way, you can say: 'yes you can seperate bitcoin from the blockchain'.

i'm sure the blockchain technology would help banks and other instances like nasdaq a lot, but this will not affect the bitcoin itself.

Correct me if i'm wrong

Nasdaq is using the bitcoin blockchain.

blockchain without a token is a centralised database. useful of course. groundbreaking? no.

[nextgencoin]

Banks are not interested in bitcoin, but they are in the technology behind in. The blockchain technology to be specific. In this way, you can say: 'yes you can seperate bitcoin from the blockchain'.

i'm sure the blockchain technology would help banks and other instances like nasdaq a lot, but this will not affect the bitcoin itself.

Correct me if i'm wrong

If you understand how most banks make their money and how the world is basically hostage to the money printing of the the central banks tend YES I would say they are friken interested in Bitcoin and yes they fear it. But they have got to the point that they can't kill it, so they have to join it by making a bastardised version for the masses. I predicted this months ago.

[squadouche]

Banks are not interested in bitcoin, but they are in the technology behind in. The blockchain technology to be specific. In this way, you can say: 'yes you can seperate bitcoin from the blockchain'.

i'm sure the blockchain technology would help banks and other instances like nasdaq a lot, but this will not affect the bitcoin itself.

Correct me if i'm wrong

If you understand how most banks make their money and how the world is basically hostage to the money printing of the the central banks tend YES I would say they are friken interested in Bitcoin and yes they fear it. But they have got to the point that they can't kill it, so they have to join it by making a bastardised version for the masses. I predicted this months ago.

the question is, will that bastardised version still have to do something with the bitcoins we use today or will they create something new on the current technology.

[LiteCoinGuy]

their blockchains will work like Intranets today. it will not affect "our" bitcoin internet of money.

"Permissioned ledgers and closed, centralized blockchains such as Eris, Hyperledger, Ripple etc., rely on trust and central key holders."

[dothebeats]

their blockchains will work like Intranets today. it will not affect "our" bitcoin internet of money.

"Permissioned ledgers and closed, centralized blockchains such as Eris, Hyperledger, Ripple etc., rely on trust and central key holders."

Er, I cannot imagine the point of having a centralized block chain. Having a centralized block chain would probably be pointless because no one will ever, ever lend their power to calculate algorithms and confirm transactions without even seeing what they're doing. Well I guess banks are just fooling themselves in harboring the block chain tech but using it against its original intended use (transparent transactions and trust-less system.)

[squadouche]

their blockchains will work like Intranets today. it will not affect "our" bitcoin internet of money.

"Permissioned ledgers and closed, centralized blockchains such as Eris, Hyperledger, Ripple etc., rely on trust and central key holders."

that is indeed what i'm talking about. It will not affect 'our' bitcoin and it has nothing to do with the bitcoin we trade with.

[BTCBinary]

Banks going on about how Bitcoin is useless but the blockchain is great..

Noboby will secure transactions (build blockchain) for free (without award)
blockchain without hash power is useless.
So this smells as a bullshit

There you have it!
there must be an incentive to put a blockchain to work, and a private bank blockchain would simply be unfeasable againt the Bitcoin Blockchain...

[Hazir]

there must be an incentive to put a blockchain to work, and a private bank blockchain would simply be unfeasable againt the Bitcoin Blockchain...

It will fueled by their own servers farm, they don't need that much of a computing power after all, they won't be dealing with spam and micro 'dust' transaction in their version of blockchain.
Bitcoin's Blockchain is susceptible to spam attacks, private regulated blockchain won't be. It will be a perfect technology for them, and banks will get it for free...

[RodeoX]

Mmmm... Do you smell that? That smell of paper money burning?

[LiteCoinGuy]

there must be an incentive to put a blockchain to work, and a private bank blockchain would simply be unfeasable againt the Bitcoin Blockchain...

It will fueled by their own servers farm, they don't need that much of a computing power after all, they won't be dealing with spam and micro 'dust' transaction in their version of blockchain.
Bitcoin's Blockchain is susceptible to spam attacks, private regulated blockchain won't be. It will be a perfect technology for them, and banks will get it for free...

So that they can do whatever they want with their chain......in that case they could simply use a word-document   

[dothebeats]

their blockchains will work like Intranets today. it will not affect "our" bitcoin internet of money.

"Permissioned ledgers and closed, centralized blockchains such as Eris, Hyperledger, Ripple etc., rely on trust and central key holders."

that is indeed what i'm talking about. It will not affect 'our' bitcoin and it has nothing to do with the bitcoin we trade with.

Agreed, this has nothing to do with bitcoin as their centralized block chains would have nothing to do with bitcoin in the first place. Also, for a block chain ledger to work, there must be an incentive for working on it. Bank coin?