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RE: "Blockchain too slow for banks" - Ripple!? @BlockRush
I really can't understand why this guy comes to this conclusion. If a blockchain can handle more than VISA and Mastercard and NASDAQ volumes combined with a few seconds confirmation time, why would it not be fast enough for bank's interpayments? Especially considering that today the confirmation time is usually between 3 days and a week.
I think he's just trying to use Bitcoin/Ethereum as a straw man to discredit all blockchains and to justify their non-blockchain thing as the real solution.
thanks @idealist. what do you think of our report on how Russia could have Ethereum and itself? https://steemit.com/steemit/@blockrush/8-compelling-reasons-why-russia-must-legalize-bitcoin-and-icos-blockrush
I would say he is not purely trying to discred, but instead he is using the mainstream news about blockchain technology and the current fights over protocols to get a chance to promote his product. In this way, he also distracts the possibility of creating alternative chains, which would be the competence