Post
Topic
Board Economics
Re: Central Bank of Crypto-Currency
by
Ozero
on 25/12/2018, 08:51:03 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
I do not see the need to create a central bank cryptocurrency. If this is a bank for cryptocurrency exchange, then we have for this purpose exchangers and exchanges. States can create and will create their own centralized cryptocurrencies. It will practically be the same national money, only in digital form. They can play a certain positive role for decentralized cryptocurrency, because they attract general attention to them.