Did you know IBM is working with Central Banks “now” to use Stellar —- they are transferring more than a $1 Billion per month now — why can’t the people?

Source: http://fortune.com/2017/10/16/ibm-blockchain-stellar/

I was torn between the IBM story and Oracle announcing Blockchain services over the next month.

The IBM story is a little more interesting since it involves Central Banks working with IBM using Stellar as a “bridge asset” to transfer $ BILLIONS per month between locations.

Where did i hear or see this? IBM’s own Jesse Lund presented and gave a presentation on the “State of Digital Money” . He also spoke with a You Tuber and said how the Central Banks in Asia seem will probably be the first to market. He shared either Hong Kong or Singapore.

What is a “bridge asset”? It simply means they want to transfer dollars to another bank but they convert first to Stellar lumens and transfer the tokens and convert back on the other side.
It’s not that the Central Banks own Billions of Stellar — they own Billions for 5 seconds and convert it back to fiat.

HMMMM....doesn’t this sound like Western Union?

Does Western Union charge people LOTS of money to do this?

Why can Central Banks do this and not the people?

Just a matter of time....somebody please let Mr Buffet and Mr Gates know...thank you.