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Note that in practice, this 3rd party clearing house often is owned by the banks (as joinz venture), reducing your implied incentive to obsolete them.
by Hermel 11y ago
Note that in practice, this 3rd party clearing house often is owned by the banks (as joinz venture), reducing your implied incentive to obsolete them.
- nickpsecurity 11y agoNot to mention them getting credit fees. They love current system: it's a cash cow. Any work on blockchains will be to benefit them.