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50 sats \ 2 replies \ @supratic 4 Sep \ parent \ on: Stripe Launches L1 Blockchain: Tempo tech
Are relatively permissioned blockchains for transacting permissioned assets valuable? Are they 10x better than a traditional bank? 10x better than a high tech bank with full reserves? Maybe for those who are unbanked?

They will still being KYC and centralized... just a minor detail for many I guess.

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46 sats \ 1 reply \ @k00b 4 Sep

The value may be strictly in interop and bearer authentication. Basically, it's ecash's value proposition, but with a semblance of auditability and without claiming theoretical privacy will be experienced in practice.

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100 sats \ 0 replies \ @SimpleStacker 4 Sep

That's my take, too. Head start on interoperability, especially cross border, because national currencies and traditional banks are heavily burdened by silly regs.

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