Post
Topic
Board Economics
Re: What do you think about crypto currency issued by the government?
by
tradjecide
on 20/11/2018, 09:50:55 UTC
It is said that central banks plan to release their own curypto currency in some countries,for example Japan..
 
How do you think about these crypto?
I don’t think the government will do such a thing, maybe they will produce cryptocurrency dollars, but we are not sure of that yet. Not everyone is ready to be making use of cryptocurrency as a way of making transactions. I have heard a lot of people talk about Sweden, but I’m yet to understand what they mean, is it that Sweden is making use Bitcoin or they are just going tech?
Well I think this central banking would lead bitcoin again to centralization of money. Notwithstanding the decentralized nature, bitcoin would become a game of few hands later.