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New European Central Bank Paper on Cross-Border Paymentswww.ecb.europa.eu/pub/pdf/scpwps/ecb.wp2693~8d4e580438.en.pdf?972bbc119868c193467dc86f4a7cf706
227 sats \ 4 comments \ @kr 2 Aug 2022 bitcoin
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130 sats \ 2 replies \ @kr OP 2 Aug 2022
They highlight Bitcoin on Page 24, and the Lightning Network on Page 27.
They had a mixed review of Bitcoin overall, but this was a bright spot:
The Bitcoin network (complemented by additional layers such as the Lightning Network to ensure speed and capacity, assuming that these are effective) may have some properties which would seem to make it potentially suitable to be the holy grail of cross-border payments
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4 sats \ 0 replies \ @notgeld 2 Aug 2022
For the first time I read something from them which may indicate "they are getting it".
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0 sats \ 0 replies \ @puhbuhruh_old 2 Aug 2022
I think this puts us right in between the "then they laugh at you" and the "then they fight you" stages 👀
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0 sats \ 0 replies \ @cryptocoin 4 Aug 2022
Alex Gladstein's take, begins with this Tweet:
1/ New @ECB paper: "Toward the Holy Grail of Cross-Border Payments"
"After more than 1,000 years of search, the holy grail of cross-border payments can be found within the next 10 years"
Guess what's discussed as a credible possibility?
Bitcoin +âš¡
https://ecb.europa.eu/pub/pdf/scpwps/ecb.wp2693~8d4e580438.en.pdf
https://nitter.it/gladstein/status/1554526576267563010
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