> And what if a lowly peasant like me wants to synchronize with the big trading firms' feeds? It's all pretty highly regulated, and you'd need a license before

> And what if a lowly peasant like me wants to synchronize with the big trading firms' feeds? It's all pretty highly regulated, and you'd need a license before you're allowed to even think about hooking directly into an exchange. If you've got lowly peasant money to work with, it would be much more cost effective to go through the retail channels, just like every other person who isn't a corporation. > Blockchain does exactly this without everybody having to sort out discrepancies. No, it doesn't. The nature of the discrepancies that cause trouble in practice, and the ways they sneak in, are simply not things you can solve by chaining hashes and throwing a proof-of-work algorithm into the mix. The very suggestion puts you one blue suit and some pointy hair away from being able to star in a Dilbert strip about trying to use buzzwords to solve problems you don't understand.