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Max-

What are people's thoughts on Hal Finney talking about banks

being a second layer solution for scaling Bitcoin? https://bitcointalk.org/index.php?topic=2500.msg34211#msg34211

#bch #bitcoincash #cryptocurrency #english
0

3 ответов

18 просмотров
Sovereign-Naan

Isn't every 'stable coin' essentially a Bitcoin bank?

0
19.05.2022
Sovereign-Naan

I disagree with his vision though. I think the ultimate value of bitcoin is disintermediation- to run the entire global financial system. To replace the old system of 'trusted' intermediaries with technology which reduces all waste.

0
19.05.2022
J Master Pig | Arbius & Block Slayers-

well its so outdated in the sense the tech has developed so much since the early days of bitcoin, it almost seems like a non-topic so banks are just companies that just offer services thats all, the second layer point is also a bit moot in a multi-coin , interoperable, smart contract driven world, with lots of high throughput solutions outside of Bitcoin, if by second layer scaling you mean like CashApp (entirely custodial and on a SQL database), yeah it would kinda make sense given BTC's inability to scale, but again so much tech has been invented since.

0
19.05.2022

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