Altcoins Talks - Cryptocurrency Forum
Further Discussions => Banks & Cryptos => Topic started by: Henrikbliss on May 12, 2018, 02:40:44 PM
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Cathy Bessant, chief technical officer of Bank of America (BoA), has reiterated the bank’s stance on Bitcoin saying that cryptocurrencies are designed to be non-transparent.
In an interview with CNBC’s Squawk Box, Bessant said it’s important to differentiate the two major uses of cryptocurrencies. As a payment system, she thinks cryptocurrencies are troubling because the technology is “designed to be not transparent.”
Read More: https://news.bitzamp.com/bank-of-america-cto-clarifies-stance-on-cryptocurrencies-calls-bitcoin-troubling/ (https://news.bitzamp.com/bank-of-america-cto-clarifies-stance-on-cryptocurrencies-calls-bitcoin-troubling/)