The main value of cryptocurrencies is a provable ledger with an open API. PoS sufficiently establishes that for all economic purposes save for those wishing to

The main value of cryptocurrencies is a provable ledger with an open API. PoS sufficiently establishes that for all economic purposes save for those wishing to make themselves feudal lords. Currently your money is transmitted by csv copies across thousands of companies, most of whom use a semi-manual process. Moving this type of transaction to a distributed ledger will save financial institutions billions in audit costs.