Post
Topic
Board Bitcoin Discussion
Re: Are we wrong? Bitcoin or Blockchain what does Satoshi actually mean?
by
cryptoaddictchie
on 16/02/2022, 06:33:49 UTC
If banks actually use blockchain and issue standard central bank currencies or CBDCs which they call, this would be the same as Bitcoin or crypto in general?
Fees will also be cheap, transactions can be tracked, isn't this what we want? unlike the current banking system.
Yes fees would be lowered. However id the banks would still have control over it then its contradincting Satoshi goal to have a more decentralized aspect. Probably banks would never go for it without giving up the central system. They could do one but still they will still regulate it no matter what. Thats the one thing bitcoin advantage to them since they cant beat how decentralized is it.