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Author Topic: Banks going full blockchain  (Read 1299 times)
magemist
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November 22, 2015, 01:01:47 AM
 #21

banks are always trying to find a way to increase their bottom line. So expect them to take advantage of bitcoin technology to the full extent of their abilities will allow them.
They will go retard on this one. That is a certainty as much as death is to everyone.
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pattu1
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November 22, 2015, 02:00:50 AM
 #22

It will take years before the tech projects of banks get regulatory clearance and they take off.
This would have absolutely no impact on Bitcoin's price.
As banks take pains in emphasizing, we love the technology (blockchain), but not Bitcoin.
OrientA
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November 22, 2015, 12:53:04 PM
 #23

There will be no price effect. Why would there? It just makes conventional banking better.

If there was a USD token that was near instant that may impact the market as you'd be able to run in and out of Bitcoin exchanges in a matter of minutes rather than having to wait for days on end.

There is no doubt that blockchain technology will make conventional banks better. But if these banks want to use a universal token in their banking system, they will have to use a popular one, that is bitcoin. It is difficult to create a new one and to agree within all the banks. This token should not be controlled by a single government.
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