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To: snarkpup

Hope this can help
https://www.finextra.com/blogposting/12378/how-i-explained-blockchain-to-my-grandmother


5 posted on 01/10/2018 5:26:46 PM PST by Bitman
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To: Bitman
Re: Hope this can help

Sorry, no help at all.

First, in what way is this system superior to the completely effortless way I now spend money, receive money, make transactions, and keep financial records?

Second, blockchain advocates often claim it will be much cheaper than banks and credit cards. My first thought - who is storing and verifying all this data for free, and why should I trust them?

11 posted on 01/10/2018 7:51:17 PM PST by zeestephen
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