11–20 of 64 posts
Interesting article from Google. Keeta seems to have a legitimate differentiator in their architecture. I've been DYOR and I suspect that once a few companies start using their network, Keeta will quickly become indispensable because of their speed and low usage cost. Also wonder if those companies who sell over Keeta will pass the savings on to consumers. hmmm :) Thanks xescure
Plank possible shill any harder? What is this crap?
How is it a distributed block chain if it runs on their Google cloud account exclusively?
Oh cool a blockchain crypto thing that will actually be compliant and do KYC and such and not take forever to settle things. If crypto destroys the fx money changer companies that charge egregious fees and makes it such that I can send money to friends and family without delay and fees I’d be all for that. Maybe sane officials will let the US Federal Reserve launch a digital dollar and finally fix all the middle men…
The problem with a good "blockchain crypto thing" is that if they were going to be good anyway, there are much better/cheaper technologies for doing banking. Blockchain technology is not just a scam industry by happenstance. The technology is so bad at what it usefully does that it necessitates being a scam industry. If it was to compete with mainline banking, it would lose 10 times out of 10.
How is it a distributed block chain if it runs on their Google cloud account exclusively?
Oh cool a blockchain crypto thing that will actually be compliant and do KYC and such and not take forever to settle things. If crypto destroys the fx money changer companies that charge egregious fees and makes it such that I can send money to friends and family without delay and fees I’d be all for that. Maybe sane officials will let the US Federal Reserve launch a digital dollar and finally fix all the middle men…
I strongly suspect the reason is the regulations themselves. KYC implementations cost money, and so do fraud disputes. Traditional crypto provides neither, so the fees ther are much lower.
Oh cool a blockchain crypto thing that will actually be compliant and do KYC and such and not take forever to settle things. If crypto destroys the fx money changer companies that charge egregious fees and makes it such that I can send money to friends and family without delay and fees I’d be all for that. Maybe sane officials will let the US Federal Reserve launch a digital dollar and finally fix all the middle men…
The actual disruptor here is Google Spanner which actually handles all the ACID required.
> If crypto destroys the fx money changer companies that charge egregious fees and makes it such that I can send money to friends and family without delay and fees I’d be all for that
Strange how this amazing ripe-for-the-taking idea has been said about crypto for 20 years now. And somehow it's always "too early, it's coming in the future"
Oh cool a blockchain crypto thing that will actually be compliant and do KYC and such and not take forever to settle things. If crypto destroys the fx money changer companies that charge egregious fees and makes it such that I can send money to friends and family without delay and fees I’d be all for that. Maybe sane officials will let the US Federal Reserve launch a digital dollar and finally fix all the middle men…
The problem with a good "blockchain crypto thing" is that if they were going to be good anyway, there are much better/cheaper technologies for doing banking. Blockchain technology is not just a scam industry by happenstance. The technology is so bad at what it usefully does that it necessitates being a scam industry. If it was to compete with mainline banking, it would lose 10 times out of 10.