Post
Topic
Board Bitcoin Discussion
Re: Sweden considering a digital currency, bitcoin technology comes in mind.
by
Herbert2020
on 28/09/2017, 06:04:26 UTC
Sweden’s are reportedly not making active use of cash this year has also been recorded as the lowest level of banknote usage over the past 30 years.

In a press release from the world’s oldest central bank of sweden ,Sveriges riksbank, they stated that..

"Today, cash is used to an ever-decreasing extent in Sweden, which has led us within the
world of central banking to start considering whether a digital complement to cash that is
guaranteed by the state is needed so that we will be able to promote a safe and efficient
payment system in the future too"

Read More=> https://zycrypto.com/sweden-considering-digital-currency-bitcoin-comes-mind/

As expected, I didn't find any mention of bitcoin in the statement. Nor they have spoken about blockchain technology. They are saying about a digital complement to cash that is guaranteed by the state. So they probably will come up with a digital unit to be used for online transaction which will strictly centralized and monitored by the government. So no one would be able to mine that currency, they will have to earn it by exchanging their fiat currency or through salary. I don't see much of hope there!

usually when they are talking about "digital form of currency" these days they mean the blockchain technology or one of its subcategories that spawned from it.
but it always is a centralized usage of the blockchain technology no matter what. that is how the banks and government and a country issued currency should always work. which is why bitcoin will always have that edge.