Post
Topic
Board Economics
Re: Central Bank of Crypto-Currency
by
wallstone
on 23/09/2018, 23:38:04 UTC
Creating a Central Bank of Crypto-currency may no longer sound ridiculous as we are now having a number of countries coming up with some sort of mass application of the technology, the latest is from India, which reportedly ban cryptos, but recent report states that they are considering having a Bank of crypto, Ruppies-backed, Central bank digital currencies CDDC.
Are these really positive news for the crypto-market?

https://cointelegraph.com/news/reserve-bank-of-india-confirms-it-is-looking-into-making-a-central-bank-digital-currency

A good nesd for the users around the globe. Since.many people.are using the bitcoin it is good to have banks that will make our transaction faster and convenient it must be build on many countries aince there are many users around world.