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/biz/ - Business & Finance

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>> No.11796970 [View]
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11796970

The team doesn’t even have to lie anymore, the delusional REQtards are lying to themselves.

The Request Network developers, IN THEIR OWN WHITEPAPER, claimed they were developing a network that could replace PayPal. They promised fiat currencies on the network in Q2.

Now the REQtards are realizing the obvious: there’s not even a feasible mechanism by which this would ever be possible, the only way to move fiat from person A to person B is through a centralized payment processor.

So fiat transfers will never be a facilitated through cryptographic proof, meaning a blockchain. In order to “integrate” fiat currencies in the manner that it’s laid out in the white paper (sending a payment request on the Request Network and paying it in fiat), you’d need ENORMOUS collaboration with existing centralized payment processors or banks. Did the developers know this? Is that why they lied about their “partnership” with ING Bank? It would seem so.

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