Hey,
I am right now a little bit researching about financial stability and monetary policy.
It seems that monetary policy through a central bank is pretty important for the global financial stability.
For example if there is a financial crisis, central banks try activly to stabilize the financial system.
If Bitcoin would replace fiat money and such a crisis would occur, wouldnt this lead to long term financial instability?
Have you ever asked why the market is not being disturbed by issues relating to the banking sector, its because there is no central bank of Bitcoins, the market is fully owned by users and regulated by them.
Why should bitcoin be introduced into the country's financial system?
Bitcoin is a unique and independent system. It is important and valuable without introduction to the banking system.
I am confident that bitcoin will never be the basis of the economy. But this does not upset me, but pleases me
I dont think so that bit coins need a central banking system for stability and monetary purposes because bitcoins are well known because they decentralize the economic system developed by governments.
People owning bitcoins dont need any special permissions from their banks to spend bitcoins in any way they want.