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RE: IBM dipping their toes in Cryptocurrency

"Which is why a global, decentralized token, like bitcoin, still has a very bright future."

I agree. These permissioned blockchains will never be able to offer the utility, security and immutability that bitcoin can offer, but I'm sure they will find their niche somewhere.

I envision a future where these corporate blockchains will interact and compete with the decentralized chains.

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Exactly. They say something like that in the IBM article actually.