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re: The Guardian: 1981 News Report on the Future of the Internet
Posted on 2/5/14 at 1:56 pm to MStant1
Posted on 2/5/14 at 1:56 pm to MStant1
quote:
but the technology behind Bitcoin most certainly will.
someone gets it!
quote:
What will be interesting to see is if Bitcoin and other digital Currencies will be able to survive when JP Morgan and eventually other banks implement their own payment networks utilizing the same type of technology.
This topic was brought up by Lawsky or one of his lackeys in the NYDFS hearings last week, and the entrepreneurs on the panel basically responded, "No one is going to build anything on top of a JPMorgan coin."
They then went into the concept that the most attractive feature of bitcoin for entrepreneurs is its decenratlized nature and that the rules are clearly understood by everyone and can be changed by no one.
This post was edited on 2/5/14 at 1:57 pm
1
Posted on 2/5/14 at 1:58 pm to WikiTiger
quote:
can be changed by no one.
I thought majority ruled?
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