Post
Topic
Board Economics
Re: Will countries or central banks create their own cryptocurrency?
by
laracastvue
on 24/08/2018, 13:14:24 UTC

A few countries and central banks have been talking about “digital currency”, and most of them are carefully ignoring the term “crypto”. Fact is- digital currency is not the same as cryptocurrency. These countries/central banks are recognizing the benefits of the digital currency features of cryptocurrency, but they don’t want any of the decentralized uncertainties that come with blockchain-based currencies.
Will countries or central banks create their own cryptocurrency?

if you say that the banks create their own crypto that will be only a regular money but digitalized, the payment and everything based on online and digital

Even though banks are planning to create their own cryptocurrency, people will still not invest since they already knew that the government will be taking advantage of it and that is the reason they will not invest.