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[2015-11-29] Jon Matonis: Banking cartels could use private blockchains as blockades

Mon Nov 30, 2015 12:12 am

The economist Jon Matonis, the former executive director of the Bitcoin Foundation, believes banking cartels obsessing about private blockchains must answer a fundamental question: "Are these private blockchains going to be able to be used against smaller financial institutions or weaker nations to institute a blockade, just as SWIFT and CHAPS are able to do today?"

https://uk.news.yahoo.com/jon-matonis-b ... ml#NUDPZiG

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