Can the world bank be in charge of bitcoin?

[Zezari]

The bank should not be responsible for bitcoin, but you can take the technology to your banking system. How was it in the banking system before without blockchain technology.

[cheezcarls]

Is there any possibility that the world bank might the one who is superior in charge of the said cryptocurrency, if yes please share your thoughts to us. Kindly give some enlightenment about this. Curious individual here. Maybe it will help some future investors of digital assets.

That’s impossible and it’ll never happen ever. You know why? It’s because the blockchain cannot be controlled anymore unless someone’s building a centralized blockchain. Bitcoin will never be controlled by the government, central bank, etc., but they can only regulate it. Banning won’t work either.

[Fenix]

I always hope that crypto will change the entire traditional banking system, when crypto becomes the choice of users thanks to its superior features instead of fiat. We can experience cheap and instant transaction fees, DeFi and decentralization. Banks should also become crypto banks.

The World Bank will not accept and manage bitcoins. This is excluded, since the current banking system is built on completely different principles of functioning. Cryptocurrency is alien to the fiat system. They can exist together, interact with each other, but banks will not take on the risks of cryptocurrency. They don't have to do it.

[satpol_PP]

Is there any possibility that the world bank might the one who is superior in charge of the said cryptocurrency, if yes please share your thoughts to us. Kindly give some enlightenment about this. Curious individual here. Maybe it will help some future investors of digital assets.

No It won't be.
By seeing many opinions here, I think I don't believe world Bank will be in charge of bitcoin.
Bitcoin has been rejected and blocked at several countries.
So, I think It's impossible to happen.

[yohananaomi]

Is there any possibility that the world bank might the one who is superior in charge of the said cryptocurrency, if yes please share your thoughts to us. Kindly give some enlightenment about this. Curious individual here. Maybe it will help some future investors of digital assets.

No It won't be.
By seeing many opinions here, I think I don't believe world Bank will be in charge of bitcoin.
Bitcoin has been rejected and blocked at several countries.
So, I think It's impossible to happen.

So far, the world bank doesn't seem to be going into the interests of being able to accept bitcoin in full, because it must be seen from the ability of many countries that have accepted bitcoins first.
but it is not impossible that the world bank will be able to accept it at some point in the future, because developments that require it must be carried out.
as a central bank, it is clear that the world bank must accommodate all countries first before accepting bitcoin, it is clear that many considerations must be made first.

[Arkann]

we should not forget that sanctions have been imposed on Russia, and in order to achieve results, regulatory authorities can block the air for users of cryptocurrencies.  Problems need to be solved not locally, but as a whole.

[whyrqa]

A very strong crisis is growing in the world, and if cryptocurrencies, including bitcoin, are seen to be used for criminal purposes, including to avoid taxation, then problems await all cryptocurrency users.

[Alcor]

The World Bank will continue to ignore decentralized cryptocurrencies, including Bitcoin. They consider cryptocurrency to be too risky and unsecured financial asset and therefore will not use it or manage it in any way. Only states, their authorized bodies and central banks of these states can regulate the circulation of cryptocurrency.

[oyitoto]

The world bank can try to have control of BTC by holding it largest share but this is something that they can hardly achieve since the possibility is not so much and it will take a very long duration to be achieved.

[nakmantu99]

Is there any possibility that the world bank might the one who is superior in charge of the said cryptocurrency, if yes please share your thoughts to us. Kindly give some enlightenment about this. Curious individual here. Maybe it will help some future investors of digital assets.

I think It's impossible to happen if you asked world Bank be in charge of bitcoin.
The govt and bank against bitcoin and crypto currency, we know about it.

[yashwant]

Where investors are getting attracted towards bitcoin, banks have not accepted bitcoin yet. Rather, banks strongly oppose bitcoin. In view of the popularity of bitcoin among the people, some countries are considering declaring it legal, and if this happens then the government there is a debt on bitcoin.

[lepbagong]

Where investors are getting attracted towards bitcoin, banks have not accepted bitcoin yet. Rather, banks strongly oppose bitcoin. In view of the popularity of bitcoin among the people, some countries are considering declaring it legal, and if this happens then the government there is a debt on bitcoin.

Currently, it is clear that there is still no bank that has made bitcoin an asset that can be traded or stored as an attractive investment.
but all on the way must be able to accept the development of a renewable technological advancement including bitcoin.
no one can avoid the progress that will continue to move and make bitcoin to be reckoned with in the future.

Indeed, banks are always affected by where they are, it is clear that if the state has not accepted it as a transaction tool, it is certain that banks must do the same. Bank is an extension of the government's role in the field of finance in providing facilities for progress for those in need.
if the government is willing to accept and ratify it, it is certain that the bank will also do the same thing and cannot avoid it.

but technological progress can certainly be accepted by anyone and it will definitely be done because if it is not done then they will be left behind. so in due course bitcoin will receive the opportunity.