• @cynar
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    711 months ago

    To be fair, there are plans for a (international) bank exchange system based on Blockchain. Right now it’s either things like “Swift”, trust, or physically shipping gold.

    Blockchain allows for a system where they just have to trust the system, as a whole, and not individual banks, or the governments above them.

    This is the only useful use for block chain I’ve seen, that isn’t better served in another way.

      • @cynar
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        111 months ago

        There’s generally significant trust between national level banks. So long as they have some sort of trust in the countries involved, it can’t be intercepted by a 3rd country.