Altcoins Talks - Cryptocurrency Forum

Further Discussions => Banks & Cryptos => Topic started by: yousufatik on September 28, 2018, 09:32:52 PM

Title: Do you think digital currency can replace central banking?
Post by: yousufatik on September 28, 2018, 09:32:52 PM

Central banks run the global economy, more or less. The past few years we've seen digital currencies like Bitcoin, Dogecoin, there's even something called Potcoin out there for trading legal weed. Some local towns started developing their own currency to buy and sell goods and services. Where is the future of money going?

Title: Re: Do you think digital currency can replace central banking?
Post by: indexx on October 03, 2018, 06:31:27 AM

I don't think bitcoin can replace bank functions. The Bank is an institution that regulates the state's wealth. And clearly, not all countries accept bitcoin as payment. But maybe 20 years from now it can happen if the bitcoin community is unstoppable.

Title: Re: Do you think digital currency can replace central banking?
Post by: shiftdel on October 04, 2018, 06:35:49 AM

@indexx, but maybe the bank will adopt the blockchain system to facilitate the work system. As we know, this blockchain system can recap automatic data without the help of third parties. And this will greatly help conventional recording systems become easier and more practical.

Title: Re: Do you think digital currency can replace central banking?
Post by: napster on October 10, 2018, 12:14:02 PM

It should be. I am not sure if it can, but I want it to happen.
Since Medici's, banks are sucking humans by the help of governmants.

We are the victims of the grand money bazaar.