Post
Topic
Board Economics
Re: Will countries or central banks create their own cryptocurrency?
by
streazight
on 21/09/2018, 08:05:14 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?

They were talking about it, but they never said they were going to release their own cryptocurrency. Don’t mind the media, they are fond of carrying fake news which you will get to find out is fake if you dig in properly on the issue. If banks create their own cryptocurrency it will be for the purpose of investment and a way to bring more income to themselves and to those who invest… Just like investment does, you know.