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Topic: [2016-05-11] Bitcoin is not the answer to central bank worries (Read 291 times)

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Here's a utopian image (or perhaps dystopian, depending on the point of view) to ponder: Central banks have switched from issuing money in the form of cash to releasing digital currency and registering transactions on a distributed ledger along the lines of the Bitcoin blockchain.

Because it doesn't require much of an upfront investment -- the clearance and transaction recording system is decentralised — the central bank is now able to do something it has never done, namely accept depos ..

Read more at:
http://economictimes.indiatimes.com/articleshow/52215383.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
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