Can money crypto progress negatively affect the central bank?

[kemalramdanu]

There are many perceptions by economists of the current Money Crypto progress,
ranging from positive to negative,
some of the negative perceptions are:

1. Advances in money crypto can knock down Central Bank
2. The more users of Money Crypto, the lower the value conventional money.

complete information at:
http://strategimanagement.net/2018/02/19/inovasi-radikal-bitcoin-dan-cyrptocurrency-selamat-tinggal-bank-sentral-indonesia/

Is that all right?
or just Negative news, to stem the rate of Money Crypto.
give Mastah-mastah's opinion?

[bitpation]

Crypto will not have much effect on banks. I think the bank will still stand even though crypto is increasingly popular. The bank will still carry out its function because the bank is an institution that regulates state finances.

[JaymondStark]

Of course. All the trades around the world is becoming a fuel to central banks. That's why countries central banks are so important.

Now, every trade which is being done as a swap instead of using the money is giving a tiny damage to all banks.
So if you are swapping something for another thing, and if you know that you can do this for more and more things, you are damaging central banks.

So yes, crypto can damage central banks.