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People didn't know where they could trade. When everybody owes each other IOUs that can be in multi
People didn't know where they could trade. When everybody owes each other IOUs that can be in multi
People didn't know where they could trade. When everybody owes each other IOUs that can be in multi
People didn't know where they could trade. When everybody owes each other IOUs that can be in multi
People didn't know where they could trade. When everybody owes each other IOUs that can be in multi
People didn't know where they could trade. When everybody owes each other IOUs that can be in multi
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Patrick M. Byrne:
There is absolutely no reason in the world of blockchain to build in net settlement. It's like sayiPatrick M. Byrne:
There are regulators at the SEC and elsewhere who are really excited about the potential of the bloPatrick M. Byrne:
I've been all over meeting government ministers and such in Caribbean financial circles. There's aPatrick M. Byrne:
The virtues of the blockchain is that it would be that it's peer-to-peer settlement - no centralizePatrick M. Byrne:
We know that flat and non-hierarchical systems use information best. I've tried to do that with myPatrick M. Byrne:
When we look at government in Washington or what's happening on Wall Street, we see so much centralPatrick M. Byrne:
This is where the block chain is most useful and revolutionary: It helps us to overcome the problemPatrick M. Byrne:
With the block chain, for the first time, we no longer need these central institutions for settlemePatrick M. Byrne:
The main event isn't bitcoin. It's using the blockchain to disrupt other industries and Wall StreetPatrick M. Byrne:
For the first time in 6,000 years of human history, we can have peer-to-peer exchange where trust i