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En Fri Mand
replied 2292d
Sk8eM dUb
What do they want to do?
Sk8eM dUb
replied 2292d
Something like a BCH version of the stock market using tokens in place of shares. BCH payment processing/fiat conversion for vendors. ATM integration. Remittances. Lots of stuff.
En Fri Mand
replied 2292d
wow.. that would be huge for bch if they implemented that :O
homopit
replied 2292d
It is not exactly right. SBI plans to use XRP for all of those things, with BCH as a settlement layer.
Sk8eM dUb
replied 2292d
Major roadblock is ABC wants to hardfork every 6 months which means theyd have to patch all their software or possibly scrap entire projects. Also they're extremely suspicious of China
En Fri Mand
replied 2292d
suspicious of China - how?
Sk8eM dUb
replied 2292d
So there's definitely a geopolitical aspect to the ABC/SV split that a lot of people are overlooking. Personally I consider China to be just a super massive version of North Korea.
Sk8eM dUb
replied 2292d
Also, China is basically straight fascism these days. It's "capitalist" but the government picks all the winners and losers. So bitmain is a really big question mark to Japan investors
En Fri Mand
replied 2292d
Interesting 😬 never heard or knew that the government in China chosed this 😐
Sk8eM dUb
replied 2292d
They're extremely good propagandists. Communism and lying go hand in hand I guess. There'd be no need for censorship(the great firewall of China) if they didn't have anything to hide.
En Fri Mand
replied 2292d
That's correct. That's often a good indicator. So the BTC guys are actually right that BCH is 'China-coin'?
Sk8eM dUb
replied 2292d
That would be the "pot calling the kettle black". China is interested in manipulating all major currencies and commodities. Anything that threatens them or gives them more power.
Sk8eM dUb
replied 2292d
Well for one, they make no bones about price manipulation. They been doing it for 70 years so why would crypto be any different?
homopit
replied 2292d
All development groups agree on that schedule. Blaming ABC now is of no purpose. Also, SBI plans to use XRP for all those things you listed, with BCH only as settlement layer.
En Fri Mand
replied 2292d
Do you think XRP is better suited for the purpose? I am thinking why not they just use BCH exclusively.
replied 2292d
Yoshitaka Kitao <-- very interesting man.
Perhaps XRP was seen as a solution initially,
until something greater arrived?
https://bch.gg/d0
En Fri Mand
replied 2292d
Could be possible :-)
homopit
replied 2292d
All development groups AGREED on that schedule.
En Fri Mand
replied 2292d
Exactly. It was actually BU's idea.