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replied 2302d
En Fri Mand
Banks want KYC/AML.
They do not like BCH, BTC or any other decentralized non-KYC crypto.
En Fri Mand
replied 2302d
The government forces the banks to do so. Coinbase is a bank, remember. Bitcoin Cash is just the base layer. The banks can build KYC and AML in layers on top of it if they want.
replied 2302d
Heard of Concordia? It is a new blockchain project funded by one of the founders of one of Europes powerful commercial banks (Saxo Bank), Lars Seier. Concordia will have built-in KYC.
En Fri Mand
replied 2302d
Yes I heard of it
Fnuller15
replied 2302d
Exactly, they want to keep their power, monopoly and control of payments. They cant control BCH.