Topic: Will central banks create their own digital currencies? - page 5. (Read 919 times)
Creating their own digital currencies is highly possible. At first, using secured and scalable blockchains like Ethereum comes with volatility. It is likely to reduce adoption as people generally don't trust something volatile and compare it directly with the stock market. On the other hand, when banks create their own stable currencies with their own blockchain, they don't need to rely on others while calling it individually developed.
Hey everybody,
In the past 11 years since the birth of Bitcoin, cryptocurrencies have gained immense momentum and popularity as they are
decentralized and are rather free from regulation.
As central banks are unable to control the influence and growth of cryptocurrencies, the latest buzz revolves around them wanting
to create their own digital currencies or cryptocurrencies. While some governments are contemplating about it,
others have gone ahead to start working on it.
You can read the full article in our blog: Will central banks create their own digital currencies?
What are your thoughts about the central banks’ digital currencies?
Regards,
Karl
Bitcasino.io
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