Post
Topic
Board Economics
Re: Are the Central Banks starting to worry about the public's perception?
by
pokeronlinestatus
on 03/10/2020, 04:19:15 UTC
I believe deep inside them, those people behind the Central Banks, they know that "the cat is out of the bag". Billions and billions of the paper money they print will shift into sound money, Bitcoin.
So what do you think is going to happen? Are you one of those that believe that cryptocurrency is going to replace fiat? There have been news about Central banks working on their own cryptocurrencies, but I don’t see the contrast with this CBDC and fiat we are using since it’s still going to be backed by the fiat of the country that owns it. I am just not getting what you’re trying to say here man.

However one thing is for sure, they do pay the right people to continue what they do and that means the whole world could hate them and they could still continue to be banks the way they are without changing.
I think we are all forgetting that most of the decisions that are being made by banks are according to what the government tells them to do. The government controls the central banks and the Cen. Banks control other banks.