it will be interesting to see how this all develops over time, the more people and business that use crypto the faster it will become mainstream
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it will be interesting to see how this all develops over time, the more people and business that use crypto the faster it will become mainstream
Hi @paulag, banks use a complex system of checks and approvals to ensure that money its secured and transferred on a private server to another. That has become slow and costly as compared to blockchain based solutions. But because of privacy issues, banks are unwilling to adopt the technology. Perhaps remittance is a good starting point.
banks are a pain in the arse. even the likes of paypal annoys me and I have to use it on a regular basis. getting at my own money is sometimes made difficult. When it comes to payments and banks, I think Ripple are leading they way :-)