Post
Topic
Board Economics
Re: Centralization of banking through cryptocurrency?
by
Apened
on 13/03/2018, 06:21:51 UTC
Base on the speculation of other members here in the forum that in the near future banks all over the world will adapt the system of cryptocurrency and it will eventually centralized all banking transaction in one with the cryptocurrency or the digital currency. In that period of time digital currency is not like an asset or investment anymore. Its price will be stabilized and it could be use all over the world where comfort of traveling just to use the digital currency as a form of payment. However, it is the news nowadays has the opposite of their speculation since there are countries banning already the use of cryptocurrency. In your point of view, Will it happen to centralized money all over the world through the use of cryptocurrency? Or it will just pass and nothing will ever change in our system of banking. Or do you have any speculation with cryptocurrency? I need to justify the speculation's probability.
It will not going to stablize in the way the banks wanted. Furthermore, cryptocurrency is designed for its decentralization that the banks have no control over or any one can ruled it by his own hands and wants. If banks will going to establish and make it centralized the people who deeply know cryptocurrency will not be a customer of banks anymore.