Shannon Clark on Nostr: npub1a4cfq…qt2kf over two decades ago (this was in the late 1990’s I worked for a ...
npub1a4cfqcj5cq9qauuzz33rqq63kudnu6k7x4fe4xep93s7lu5hgk3szqt2kf (npub1a4c…t2kf) over two decades ago (this was in the late 1990’s I worked for a client that was a huge bank. The scale they worked on was hard for people to grasp.
At the time the bank has over $1T in assets in management.
But that was dwarfed when my client merged with another very large bank. In one weekend one server (at the time a massive IBM mainframe) cleared over 20% of the global currency trades. Which at the time was I think around $1.5T (daily volume)
Why I’m skeptical of blockchain
Published at
2023-09-10 05:28:14Event JSON
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"content": "nostr:npub1a4cfqcj5cq9qauuzz33rqq63kudnu6k7x4fe4xep93s7lu5hgk3szqt2kf over two decades ago (this was in the late 1990’s I worked for a client that was a huge bank. The scale they worked on was hard for people to grasp. \n\nAt the time the bank has over $1T in assets in management. \n\nBut that was dwarfed when my client merged with another very large bank. In one weekend one server (at the time a massive IBM mainframe) cleared over 20% of the global currency trades. Which at the time was I think around $1.5T (daily volume)\n\nWhy I’m skeptical of blockchain",
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