Post
Topic
Board Economics
Re: Central Bank of Crypto-Currency
by
Maknae09
on 28/10/2018, 07:06:14 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

You know the main reason behind the creation of bitcoin and is included in satoshi's white paper? it should be decentralized meaning to say that no third parties should interfere with the transaction.