Post
Topic
Board Bitcoin Discussion
Re: Cryptocurrencies Can Never Replace Fiat – Says EU report
by
thebanker28
on 02/07/2018, 14:34:25 UTC
Central banks will not want to concede control to independent crypto if for no other reason than they lose the ability to control the money supply. Right now if a central bank thinks the economy is too hot - they will restrict supply, and increase supply when they think the economy is slow. Thats not easily possible in crypto.