Re:The Blockchain Bubble Will Pop, What Next?
by pjc50 on Monday July 30, 2018 @06:11AM
(#17643366)
As others have pointed out, plenty of other countries have this. The United States doesn't because it's "not a country": there isn't a single financial services regulatory jurisdiction, there's 50 different ones, and enough people are opposed to the federal government on "principle" (?) that there's no support for useful coordination efforts.
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Re:The Blockchain Bubble Will Pop, What Next?
by chosenbreed on Monday July 30, 2018 @09:14AM
(#17644170)
Good point. A lot of comments here about relative settlement times. But it occurs to me that most of these are in the context of transfers/settlements within a jurisdiction. What is the story on moving money between countries? At the moment I'm have to pay significant premiums to accomplish this (and it is not usually instant). Am I missing something?