Quote from: unbotak on December 22, 2018, 06:11:45 AM

crypto is independent, so I don't think there is a need for a central bank. crypto has many features that allow it to be independent. even if crypto works with the bank and becomes more stable I feel the crypto characteristic disappears. because what I know, crypto is an investment that can be very profitable because of its unstable value.

Exactly. With cryptocurrencies, we don't need to depend on central banks at all. The only reason we've been accustomed to central banks, is simply because they provide a gateway or bridge between crypto and Fiat. Other than that, crypto does well without a central authority, which makes many banks envious. If cryptocurrencies like Bitcoin and Ethereum continue to grow at an unprecedented rate, then they would threaten the mere existence of banks worldwide.

However, if banks start adopting Blockchain technology for their own benefit, then we would be depending on central banks for a long time. Despite this, I believe that both Fiat and crypto would co-exist for years to come because none can replace one another.

Therefore, we may still depend on central banks in the future just to get access to Fiat. Just my thoughts Grin