Post
Topic
Board Bitcoin Discussion
Re: Bitcoin has the potential to become the central bank of the central banks
by
Gozie51
on 28/03/2021, 21:06:33 UTC
does not rule out if in the next 10 years all institutional institutions will agree on bitcoin as the only agency that will be responsible for an economic monetary policy in a certain country.

The institutions will not agree that for bitcoin to be the only means of financial transactions because that will even be against the purpose of bitcoin,  the freedom of choice will be overcome if that happens

quote author=bassbity link=topic=5324800.msg56664705#msg56664705 date=1616946019]

however, to achieve all of this, we have to go through several stages and obstacles, while the central bank is currently not fully supportive. because fiat money remains the sole symbol in carrying out a legal payment transaction system, and also as a symbol of state.
[/quote]

No, fiat money has not been the only symbol in carrying out legal payment transaction, at least in, I have seen that government mention PayPal and more others as payment means.