Post
Topic
Board Bitcoin Discussion
Re: Bitcoin has the potential to become the central bank of the central banks
by
20kevin20
on 28/03/2021, 16:30:41 UTC
More like bitcoin has the potential to be the reserve asset of central banks, replacing gold. A central bank is a central entity, while Bitcoin is a decentralized asset/protocol.
Oh yeah, imagine banks suddenly switching from having to store tonnes of gold in extremely safe deposit boxes to having everything on a little cold storage device that could be not only moved in an instant but also replicated from bank to bank, recovering any of the funds in case of any kind of emergency.

No more trucks and planes filled up with tonnes of gold. All within a single click. It's all a matter of time before it happens.