Banks mostly deal in stablecoin which tend to be reversible, freezable, etc by c... | Hacker News

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		MacsHeadroom 4 months ago \| parent \| context \| favorite \| on: FDIC says banks can engage in crypto activities wi... Banks mostly deal in stablecoin which tend to be reversible, freezable, etc by court order since they're permissioned not permissionless.

nwah1 4 months ago [–]

But in that case you just have a really inefficient database, and the entire point of the Rube Goldberg apparatus is gone. You don't need to solve the Byzantine Generals problem with a trustless system when you are trusting someone.

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