South African banks watching cryptocurrency closely

Corelli

Expert Member
Joined
Jun 20, 2008
Messages
1,063
I have seen some bad use cases of this based on identity management. Some people just havent gotten the plot and think how can we create a digital identity ie like home affairs, compared to making it easier for the end person.
 

Thor

Honorary Master
Joined
Jun 5, 2014
Messages
39,349
I have seen some bad use cases of this based on identity management. Some people just havent gotten the plot and think how can we create a digital identity ie like home affairs, compared to making it easier for the end person.
Identity.com
 

LinuxMan

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Jan 6, 2010
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1,294
“FNB advises its clients to exercise caution prior to committing any funds as they are not guaranteed or linked to an underlying asset,”

Wrong: KBC is the first digital currency backed by physical gold.
 

konfab

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Joined
Jun 23, 2008
Messages
23,506
FNB advises its clients to exercise caution prior to committing any funds as they are not guaranteed or linked to an underlying asset,
Bitcoin is capped at 21 million. That is a more solid guarantee of value than gold.
 
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