Re:A quick breakdown of what SWIFT is and why it matters
by mvkel on Friday February 25, 2022 @05:53PM
(#30473367)
Do you see blockchain tech eventually replacing these trusted systems with a trustless one?
[ Parent
| on HN ]
Re:A quick breakdown of what SWIFT is and why it matters
by samstave on Friday February 25, 2022 @07:19PM
(#30474047)
not until they can successfully, secretly, launder money and hide money in shell companies and other fraudulent activities that a very large portion of the money flow in the world relies on.
Also. at a level above "money" what do the ultra wealthy (Rothschild, Rockefeller, etc) deal in as currency at their level. I believe they have another currency. These families have FAR greater wealth than Bezos and Zuck (Bill Gates is essentially family to the Rothschilds. through his father/grandfather)