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replied 2303d
BitcoinHoarder
Can you point to a single feature in BitcoinSV that is "bank friendly"?
En Fri Mand
replied 2303d
I would say that a stable protocol would be a win for any business including banks, I guess.
replied 2302d
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.
BitcoinHoarder
replied 2303d
Check CSW’s tweets. I’m ok with it. I’d like BCH to absorb XRP market cap.
replied 2302d
The market does not agree:

https://poloniex.com/exchange#usdc_bchabc
BitcoinHoarder
replied 2302d
Yeah, he needs to fix behavior, and build killer implementation. Let the fierce competition begin!
replied 2303d
So that's a no? The only thing I can see that makes SV "bank friendly" is the fact that DSV (new ABC rules) is very bank unfriendly...
Mrpumperitis
replied 2303d
Imho, i understand xrp and eth use cases and markets way better than csw.
BitcoinHoarder
replied 2302d
2/2 wont work well. But XRP market cap soared from investors.
CSW has stated in his tweets that BitcoinSV wants to work with banks. I was hoping that cash can influx BCH instead
Mrpumperitis
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yea banks will work with bchsv and csw for a day or two then he tells them to fuck off and its all over lols
BitcoinHoarder
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Yeah, doesn’t matter how brilliant he is if he burns all bridges. Too bad
BitcoinHoarder
replied 2302d
1/2 XRPs marketing seems to me largely catered to banks where their token is supposed to function as intermediary with fiat. However, their fiat trade volumes are so low, this won’t
Mrpumperitis
replied 2303d
He doesnt understand XRP