Everyone know that the future of economy of the world is connected with digital currency, So the Banks are issuing their own digital currencies and this trend is increasing day by day. Will Digital currency of Banks can replace the Bitcoin? What do you think about it? Share your opinions
That's possible, but I highly doubt that it could 'replace bitcoin' in any way. At the end of the day, they're going to make a currency that has the same price as their fiat money, so not that far from stable coin, I think. And if they does make that happen, it means that the banks will have fully control over the users and are backed up by government.
We've already seen a lot of fiat currency as a digital/virtual money. So, it's totally different with crypto currency, no? Well, we're gonna have to wait and see that ourselves whether it may or may not replace the other.