Banks and financial technology companies wants to disrupt their industry from the inside out and embrace the revolution.
Bitcoiner: Really? Great!Let me tell you about Bitcoin! OPEN, DECENTRALIZED, INNOVATIVE, WITHOUT BORDERS…Radical disruption!
Banks: Well…we said distruption, but we didn’t mean that kind of disruption…How about we take this massive decentralized completely open, borderless, network centric, uncontrolled, without intermediaries and…We add a bit of control, centralized it a tiny bit, maybe throw some KYC in there…and rename it “The blockchain”?!?
Bitcoiner: Let them call it “blockchain”…
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