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Author Topic: [2015-11-24] The world's top bank weighs in on digital currencies  (Read 297 times)
LiteCoinGuy (OP)
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November 24, 2015, 03:43:46 PM
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The world's top bank weighs in on digital currencies

Established in 1930 by an intergovernmental agreement between many of the world’s most powerful nations of the time, the Bank for International Settlements (BIS) was originally created to facilitate reparations imposed on Germany after WWI. Headquartered in Basel, Switzerland, the organization is often referred to as the banker’s bank, its membership is comprised of 60 central banks, from countries that make up about 95% of world GDP.

http://bravenewcoin.com/news/the-worlds-top-bank-weighs-in-on-digital-currencies/

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November 24, 2015, 04:41:26 PM
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Well ,well, how the mighty are  capitulating

amazing that such a positive discussion could come from such dour bastards Grin
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November 24, 2015, 04:58:16 PM
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Blockchain, blockchain, blockchain, they all steer away from bitcoin and talk about the blockchain as the interesting part of bitcoin this is a pattern over the last few weeks with the banks, sweeping bitcoin to the side and focusing on the blockchain. 
Still good to see it is being talked about and there is some focus.
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November 24, 2015, 06:07:23 PM
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Well, Bitcoin itself is not that interesting for banks. Bitcoin is actually only an addon built upon the blockchain which could be easily replaced by an own crypto coin (if they use a custom blockchain). Banks are more interested in improving and securing stock trading which could be achieved by using blockchain technology.

Blockchain, blockchain, blockchain, they all steer away from bitcoin and talk about the blockchain as the interesting part of bitcoin this is a pattern over the last few weeks with the banks, sweeping bitcoin to the side and focusing on the blockchain. 
Still good to see it is being talked about and there is some focus.
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