Jon Matonis: Banking cartels could use private blockchains as blockades

By September 21, 2015Bitcoin Business

iStock Bitcoin has boldly blazed a trail for a seamless global financial system, open to anyone on the planet. But this is not a proposition that banks are naturally disposed to.

Some people may say Bitcoin has solved a particular value transfer problem and this should not be conflated with what banks are planning to do with blockchain technology.

However, it could be argued that the highly regulated and exclusive nature of banking has allowed this […]

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