Post
Topic
Board Economics
Re: Will countries or central banks create their own cryptocurrency?
by
jonatuzc
on 04/09/2018, 06:52:16 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?

OP, I think first you need to realize that crypto is not real money and that these banks or whoever that’s bringing up the topic of having Blockchain for banks is not doing so for it to be used in replacing fiat, rather they will create their own Blockchain which the government can control and people can invest into the hands of banks instead of going for the real Blockchain which doesn’t give the government control over people’s money.