This aint a bashing article about how Banks money draw money! It will more likely to show what Banks are willing to do, to net get liquidated by cryptos. Bitcoin and co were the messy children of the finance market world, one of the big pioneers like Anja Bedford are trying to invent a regulated Cryptocurrency. The young Lady works as a manager in the foundation labs in the Deutsche Bank. It will be called Utility Settlement Coin. She claims it will be a sort of revulotion for Banks, the main purpose of this project is to let them safe some money. The more and more growing market with the ability to pay with the smartphone or smartwatch. The Chef of the Deutsche Bank, Christian Sewig is convinced of this Project and claims by himself that he only uses his Apple Watch to pay for products instead of using cash. And I dont know how to think about this. I mean bitcoins started with the idea of a non centralized institution, and let people exchange products without trusting a third party. In the case that the project will be launched by someone who is in the position to controll and or abuse its power. In my eyes its not what cryptocurrency is about. 
Sort: Trending