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RE: Goldman Sachs Blockchain Presentation turned into Video Format
when Target gets hacked and millions of people's credit card and personal info gets stolen, and that was supposed to be SSL secure, encrypted
That's the difference between the systems we have now and the new cryptographic securities blockchains provide. Blockchain is created to be unhackable, even though we today only have public blockchains and ledgers the time will come were they will be private but still as trusted as the ones we have today.
Got it - so it won't be raw data like it is now. It would be encrypted before entering into the blockchain. But in theory then, the government could use that as a way of gaining oversight into cryptocurrencies then, yes/no? If they choose to force regulations on it - under the pretense that it's secure data embedded with the trades.