Topic: Do we Need Central Banks? - page 9. (Read 2997 times)
Of course we need it, because any economy across the globe has to maintain strong financial system for economic and social growth. Central banks make financial system which ensure and properly monitor inflation , price stability, social justice and economic growth.
yes, do we need central banks because many country have a central banks for that many benefits do we have and we need to claim what our payments or approval, and to stabilize the flow of money to different places.
Why not, I think the central bank is very necessary for the economy. Its purpose is to stabilize the flow of money, interest rates, credit, banking activities from promoting economic development. It is essential for the economy of every nation
The main tasks of central banks are the development and strengthening of the national banking system, ensuring the stability of the national currency, developing and ensuring the stability of the financial market. Also, central banks are banks of banks, they are the settlement center of the banking system, which provide loans. In the near future, the need for such organs will continue, so they are unlikely to disappear soon.
Thanks God for Crypto industrial, because it has been making life easier in times of any transaction, which is very fast and every Crypto holder are used the token at any time, with out any bank delay. Secondly Crypto has reduced bank stress, which we don't need.
It depends on the trustworthiness of the government to manage the economy. Sometimes the central bank is basically controlled by those in power, while in others it is set by a committee within the central bank. The latter is better to ensure the economy is put first rather than politics. Bitcoin of course has the potential to turn it all upside down.
Yes we need central bank approval for continue this crypto filed as long as alive. when got central bank approval we can invest money in this filed without afraid. I feel like some day or other day will be received central bank approve.
I think it will need the central bank. I think the central bank has an important role to play in the economy. The central bank performs its functions to ensure the stability of monetary and interest rates in the economy, thereby realizing the macroeconomic objectives of the economy.
Every country has a cental bank, and all the Government knew very well how importance the cental bank. And in terms of the economics of cental bank can manage the stability of an economy by keeping the exchange rate of the fiat currency, and other economic activities.
In my simple opinions says they are existing they are needed, because if we would not need them most obviously they would not exist. Probably cryptocurrency will be a threat for the existence of Central Banks.
Indeed, the central bank is necessary but not necessarily "if not needed, the central bank will not exist." The use of currency trading, accumulation, borrowing, debt repayment ... through the central bank also has its own advantages and role in comparison to electronic money. Electronic money will grow but not necessarily threaten the survival of the central bank.
The central bank is the banking system needed for each country and for each person. Even though individuals are now managing their assets and performing their major trading activities without using cash. But the central bank ensures that the currency is stable and that circulation is purely legal. Central bank positioning is irreplaceable, and at present, Blockchain technology has been applied by some countries to the banking sector.
Yes, we need central banks. Banks can help us a lot to save money and to be safe and not only in our house that a theft can just get your hard earned money, or maybe some disaster happens, at least banks are safely stored our money or savings. If we are having a central bank for bitcoin, I think it is not good a good idea, we can already store our bitcoin through our bitcoin wallet and we can already save our income there. Why? It is also like you are already storing in the bank. I think central banks are just for fiat currencies not for bitcoins.
In my simple opinions says they are existing they are needed, because if we would not need them most obviously they would not exist. Probably cryptocurrency will be a threat for the existence of Central Banks.
All things considered, national banks and fiat monetary standards are just an entirely new idea to mankind. The economy, and in addition the money, can work without a national bank, as shown continuously where paper cash did not exist and we utilized gold and silver as principle types of cash.
These are basically the most fundamental types of decentralized monetary standards, and they unquestionably functioned admirably to fill their need - to store esteem, and to fill in as a medium of trade in exchanges.
It's up to discuss regardless of whether society would work better without a national bank, yet all I know is that in the event that I needed to spare my total assets in something, I would not put the greater part of it in something which esteem depends on a focal association's trust, and they basically can blow up the supply of as much as they need to.
These are basically the most fundamental types of decentralized monetary standards, and they unquestionably functioned admirably to fill their need - to store esteem, and to fill in as a medium of trade in exchanges.
It's up to discuss regardless of whether society would work better without a national bank, yet all I know is that in the event that I needed to spare my total assets in something, I would not put the greater part of it in something which esteem depends on a focal association's trust, and they basically can blow up the supply of as much as they need to.
Central banks are engaged in the regulation of the financial system and are responsible for its stability. While they are needed.
We’re all able use bitcoin without any form of bank assistance, right? So that means we don’t really need banks anymore. Maybe in the future, banking will just be reduced as a commodity. Banking services will perhaps, be optional, like the internet or electricity. I think banks can still exist while we still hold the power over our money. Do you agree?
Central bank is centralized, if cryptocurrency using that, hmm i think it won't be decentralized anymore.
Maybe there will be many cryptocurrency banks someday in the future, but it should not centralized.
Maybe there will be many cryptocurrency banks someday in the future, but it should not centralized.
the central bank has the power over all the economic policies of the country, it would be interesting if they finally consolidated with the government to accept crypto-especially bitcoin as a legitimate means of payment, so there are two alternative ways of payment and bitcoin can act as a common currency for the whole world, both can go hand in hand.
we still need the central bank because they think a lot of complicated things. If everything is charged to individuals, then the world will become chaotic about competition and greed.
we still need the central bank because they think a lot of complicated things. If everything is charged to individuals, then the world will become chaotic about competition and greed.
yes of course, we do need central banks because many people using btc and people have a withdrawal if need, at the same time suitable crypto or any newer need situation management.
Yes I think that Almost all the countries do have central banks to perform these functions.some countries can't be get their crypto money to their bank account. that's major reason for crypto field.therefore we should try to get center bank approval in this field. this filed is never die or break as long as block chain technology.
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