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OftenBen  ·  3380 days ago  ·  link  ·    ·  parent  ·  post: Nine of the World’s Biggest Banks Form Blockchain Partnership

This is so strange. Cyberpunk future, here we come.

*First Edit - There are going to be giant server farms of super efficient bitcoin miners run at super efficiency to start generating bitcoin for the cartel. They are also probably going to buy up a fair chunk of bitcoin and several other cryptocurrencies in order to secure an exchange forum, which is a guaranteed payoff in the long run. What this is going to to to the cryptocurrency markets, I haven't the faintest idea. If they connect to ethereum it will be a significantly longer time until the investment pays off, but it would secure them a market share for pretty much as long as there is digital marketplace, and if they are the first, they can set the standards and position themselves for a de facto monopoly on certain kinds of ethereum based functions.