We should not fear these private permissioned ledgers, or so called Blockchain technology. They are built on the same model as their fiat counterpart and they already failed miserably. The strength and
security of the Bitcoin network are underestimated by these organizations and they have to invest million to get these systems developed. We know Bitcoin has already shown it's abilities and we know
it is secure enough to store wealth. These companies are still centralized, even though the technology is decentralized.... this is where our strength lies.
![Wink](https://bitcointalk.org/Smileys/default/wink.gif)