4 ms·
But with some engineering, do you need Banks at all? Can you do crypto currency loans and payments p2p without the intermediary?
by acd 11y ago
But with some engineering, do you need Banks at all?
Can you do crypto currency loans and payments p2p without the intermediary?
- lukasm 11y agoSadly, not right now. We need accountability, liability, network of trust, security to decentralize capital - full distribution is really hard. We need deregulation in the sector to build future banks to reduce "too big to fail" factor.
- acd 11y agoThanks for answering. Here is article on the network of global corporate control http://arxiv.org/PS_cache/arxiv/pdf/1107/1107.5728v2.pdf http://arxiv.org/PS_cache/arxiv/pdf/1107/1107.5728v2.pdf
- maaku 11y ago> Can you do crypto currency loans and payments p2p without the intermediary? Absolutely yes. Classic Ripple was an attempt to do just this: https://classic.ripplepay.com/essay/ https://classic.ripplepay.com/essay/ Although sadly no decentrazlied implementation has been made yet, there is no reason why one couldn't be made.