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Join our study and bitcoin conflicted us improve the website by clicking here. Former Federal Reserve chairman Ben Bernanke is bullish on blockchain. Speaking at Ripple’s Swell conference in Toronto today, being held the same week and in the same city as Sibos, the annual gathering hosted by Ripple’s rival Swift, Bernanke told a room of several hundred attendees that he believes payments can be slow and expensive as designed using existing tools today. 2008 financial crisis, outlined the complicated process it would take for a bank in Germany to send a payment to a bank in the U.