Post
Topic
Board Altcoin Discussion
Re: Good news for ETH
by
judeafante
on 02/11/2020, 12:38:33 UTC
Wow, that means ethereum will be used to provide the infrastructure to build CBDC.

I can mention the link to the news

https://coinmarketcap.com/de/headlines/news/ethereum-blockchain-chosen-by-reserve-bank-of-australia-for-issuing-cbdc/

That will be a very interesting thing but honestly I doubt about that as the scalability of ethereum will become the main problem that will prevent this massive adoption.
If CBDC will be successfully built on ethereum platform and I think more parties will be also using ethereum to create more CBDC.
Everytime there is a news about companies, countries or projects that like to adopt or use Ethereum the scalability issue keeps popping up this is something that they should address and fix, Ethereum is the top coin in the smart contract creation and many companies are going to use this, they should be ready for this the Ethereum 2.0 is promising but we have to see how they are going to address this.