1 sat \ 2 replies \ @nerd2ninja 29 Nov 2022 \ on: Bankers design a new blockchain that works like bitcoin — but it's regulated bitcoin
But why tho? Bitcoin's design is around needing no central authority. If a central authority is part of your design, why make it work anything like Bitcoin at all?
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16 sats \ 0 replies \ @siggy47 29 Nov 2022
It can't be like bitcoin if it's centralized. This is an article from a banking industry trade group. Comparing it to bitcoin is ridiculous.
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1 sat \ 0 replies \ @brxyz 29 Nov 2022
First sentence says it all - they've "designed an anti-bitcoin". Bitcoin challenges the traditional power structures, ergo traditional power structures are going to challenge Bitcoin.
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