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0 pointshueving10y ago0 comments

An inversion only happens when there is an incentive to do such. IP networks became much cheaper to run reliably and in a scalable fashion.

What problem does bitcoin solve for banks?

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3 comments · 1 top-level

pablovidal8510y ago· 2 in thread

It solves exactly the same problem, using a distributed network of peers reduces costs while increasing security and availability.

huevingOP10y ago

Is there anything that shows banks have had difficulty with the security or availability of bank-to-bank transactions?

pablovidal8510y ago

I don't think difficulties are involved here at all, lowering costs generally translates into higher profit, that should be enough to invest in new technology.

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