That wouldn't be "direct", it would be through a trusted third party... Who has ... | Hacker News

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mhluongo on Aug 25, 2017 | parent | context | favorite | on: How ACH works: A developer perspective (2014)

That wouldn't be "direct", it would be through a trusted third party... Who has banking hours, could censor the transaction, etc.

hatsunearu on Aug 25, 2017 | [–]

Fiat currency REQUIRES the trust of the central bank, so that's not an issue.

tscs37 on Aug 25, 2017 | [–]

That shouldn't be an issue if all parties trust the Third party.

It is only an issue if there is sufficient lack of trust that the involved fear such a thing would happen.

Otherwise a block chain is overkill.

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