Post
Topic
Board Economics
Re: Central Bank of Crypto-Currency
by
ethereumhunter
on 01/11/2018, 08:30:17 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
It really is good news for Crypto but it is still a project. There is so much good news but it's just under construction. so to really good market return, it should take more than 2 years to recover.

It is better for us to wait for the next news. I am sure that there will be clarification from the banks itself. We can hope that there will be good news for us. And if this is happening, then I think there will be an increase of people that will come to the crypto, and they will see that the crypto can give them a new opportunity to have the new investment. Maybe the governments need to research more about crypto, so they don't have any problem in the future, and I think there will be many new banks like what we read on that news.