1. Let’s Be Honest About The Problems With Blockchain And Finance

    Strange times we live in. The world’s biggest financial players and analysts are buzzing about an invention that became famous partly by promising to destroy them. In just a few months, blockchain went from the cause célèbre of crypto-anarchists and tech evangelists to the biggest idea in mainstream banking. The irony is that blockchain gained worldwide prominence because of bitcoin — and many bitcoin supporters think that cryptocurrency spells the downfall of the global banking system. The biggest of these challenges is obvious: Banks today make huge profits on financial transactions. If transfers suddenly became instantaneous and worry-free ...

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