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> Customer UX: This really isn't as straightforward as you put it. The main issue for customers is that if they loose their wallet, they loose everything. This
by baby 5y ago
> Customer UX: This really isn't as straightforward as you put it. The main issue for customers is that if they loose their wallet, they loose everything. This has to be accounted as part of UX, even making transactions is simple and straightforward.
At scale people will want to use custodians for large amounts of money. So basically banks will always be a thing. Only the backbone is changing.
- dan-robertson 5y agoIf people are using banks at scale, what is the advantage over just using banks currently? I guess international transfers but using blockchain implies all the banks handling most of the digital currencies (or all using the same one) and so I don’t see the appeal above some fast centralised clearing house for transfers.