Re:Blockchains are the new Linux, not the new Internet
by pmorici on Sunday May 28, 2017 @06:06PM
(#14436298)
Read up on how international banking and specifically correspondent banking works[0]. There is a lot of counter party risk for banks in that process. Bitcoin or something like it would allow a system to be built that eliminated a lot of that counter party risk.
[0] https://gendal.me/2013/11/24/a-simple-explanation-of-how-mon...