Post
Topic
Board Bitcoin Discussion
Re: Is there any real use for bank-backed cryptocurrency ?
by
Janation
on 13/04/2019, 10:32:08 UTC
Beginning with the fact that cryptocurrency was originally built in some sort as a mean to avoid banks and the bureacracy related to those kind of thing, is there any use for bank to launch their crypto, why would people who are searching for a non-centralized way to manage their asset to join centralization expert like JPM or other   

I don't think there is a reason for them to make their own.

I mean, if they will be making one, what will be its purpose right? Instead of making their own coin or cryptocurrency, I guess they will just develop the technology they have. Some say that they might make a technology that is based on the technology of Bitcoin right now which is the Blockchain. Also, if they will be having a coin, I don't think it will be decentralized.