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
No it would not, lets compare between the two "digital currencies" start with the Banks centralized digital currency are obviously backed by stable assets and it wont fluctuate much so its a form of stable digital currency, while Bitcoin is a full pledge decentralized cryptocurrency and it will subjected to high fluctuation meaning its value can go high and low in matter of time, and because of that function Bitcoin was gaining more users and investors because of its " high risk but high returns" potentials.