Post
Topic
Board Economics
Re: new central banks currenicies vs fiat currency?
by
Ozero
on 18/11/2020, 07:29:35 UTC

the goverments have plan to create their own cryptocurrenicies, so the btc and eth was just testing currencies to see how it works and get people to use with cryptocurrenies?
first whats wrong with fiat currency? the cash is works good nothing wrong with this.
second how they are going to control how much to issue the currency and how the value will be backed?
and by who the transparanscy is guranteed?

The digitized currencies of the central banks of states will not at all conflict with the usual currencies of states, since they are actually the same thing, only in different forms.  Governments will issue them within the limit set for fiat currency.