> magically just works
If we use Bitcoin as an example, it magically just works by consuming a pretty extravagant amount of electricity for the miners/nodes to run.
If we use Bitcoin as an example, it magically just works by consuming a pretty extravagant amount of electricity for the miners/nodes to run.
Of course bitcoin doesn't do everything those banks do yet, but on a per-transaction basis it uses orders of magnitude less resources than the current system
You don't have to replace 100% of what something does to disrupt it