Topic: Will Digital currency of Banks can replace the Bitcoin? What is your opinion? - page 4. (Read 719 times)
January 24, 2020, 01:17:32 PM
I dont think so. bank will issue digital currency but it will function to replace the existing traditional paper money that said to be obsolete and instead of replacing crypto which deemed to be difficult, they would enforce the use of digital currency to replace or digitalize their own existing asset of currencies or gold. cryptocurrency, I assume will be safe from these digital currency.
January 24, 2020, 01:14:31 PM
Everyone know that the future of economy of the world is connected with digital currency, So the Banks are issuing their own digital currencies and this trend is increasing day by day. Will Digital currency of Banks can replace the Bitcoin? What do you think about it? Share your opinions
No, the digital currency of banks cannot replace bitcoin. The digital currency of banks is a digitized common currency of states, that is, national stable coins. Stable state coins perform the same function as their regular currency. They cannot make a profit to their owners, as a decentralized cryptocurrency does. These are completely different directions in cryptocurrency, stable state coins do not belong to decentralized cryptocurrency and perform completely different tasks. January 24, 2020, 01:02:22 PM
Everyone know that the future of economy of the world is connected with digital currency, So the Banks are issuing their own digital currencies and this trend is increasing day by day. Will Digital currency of Banks can replace the Bitcoin? What do you think about it? Share your opinions
iam never imagine that's, today some local and international Bank using IBM service to implementaion blokchcian transaction in private blockchain, to handle any daily transaction, but they not use "new coin or create new altcoin" , they just use a blockchain technology to minimize the "fee opearaion" transaction. so i dont think bank will focus at crypto and bitcoin still be number 1 cryptocurrency
January 24, 2020, 12:58:39 PM
The bank's digital currency cannot be sure to replace bitcoin because they are actually amazed by a technology called blockchain and if they feel released a digital currency is only to compete or support bitcoin for the future
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January 24, 2020, 12:46:29 PM
each have its own category and userbase, comparing decentralized coin such as bitcoin and any centralized digital currency issued by bank in term of market share is like comparing apple to orange, it's more suitable if you compare these bank issued digital currency with USDT or that sort of stablecoins which are issued by centralized organization as well.
January 24, 2020, 12:36:44 PM
in my opinion not, because the first cryptocurrency is bitcoin so I think, no one wants to replace bitcoin even though it is a digital currency bank like altcoin which cannot replace bitcoin
January 24, 2020, 12:35:55 PM
Its imposible for sure bank can add bitcoin to their currency
But bank can use blockchain , I think now they have started developing it to be implemented in their local banks.
But bank can use blockchain , I think now they have started developing it to be implemented in their local banks.
January 24, 2020, 12:32:21 PM
Everyone know that the future of economy of the world is connected with digital currency, So the Banks are issuing their own digital currencies and this trend is increasing day by day. Will Digital currency of Banks can replace the Bitcoin? What do you think about it? Share your opinions
A lot of people in the crypto sphere like to correlate the banking system blockchain to bitcoin and i see no comparison.
Any bank digital currency has little or no chances of competing with bitcoin on the crypto sphere.
When you talk about replacement, i feel it can't happen, instead such digital currencies will co-exist with bitcoin and offer solutions in their own way.
For example, a banking digital currency will function properly and correctly within the rights and number of the people involved in the banks or country, that perhaps is my opinion
January 24, 2020, 12:31:23 PM
My answer is an unequivocally NO unless they can make a cryptocurrency that is even more decentralized by Bitcoin and they have no control over supply and therefore no power to track the spending habits of its users. But I don't see why banks would spend any resources towards something like this so.. yeah.. in my vision no bank is able to create something even close to Bitcoin as value for the people.
January 24, 2020, 12:15:14 PM
No, a bank's digital currency will not be able to replace the position of bitcoin because bitcoin is already in the digital market.
If the digital currency of the bank is locked, it will continue to be controlled by the government so that prices can be controlled and will not reach a high level.
If the digital currency of the bank is locked, it will continue to be controlled by the government so that prices can be controlled and will not reach a high level.
January 24, 2020, 12:01:27 PM
Everyone know that the future of economy of the world is connected with digital currency, So the Banks are issuing their own digital currencies and this trend is increasing day by day. Will Digital currency of Banks can replace the Bitcoin? What do you think about it? Share your opinions
They wont replace "The Bitcoin" haha, but they, i fear, WILL go against its mass adoption
i hate that the banks spent the last 10 years condemning this as an investment that could have changed ALL their customers lives for the better
Meanwhile they have been moving their services to the tech to make themselves look good, crazy patents they have registered for years now with blockchain :/
January 24, 2020, 11:23:09 AM
Everyone know that the future of economy of the world is connected with digital currency, So the Banks are issuing their own digital currencies and this trend is increasing day by day. Will Digital currency of Banks can replace the Bitcoin? What do you think about it? Share your opinions
The stronger the bank, the more useful the created coin. But, in fact, all this is like short-time enthusiasm. Think about it, each bank creates its own money. Besides this money, the bank should establish the places where it can be used. That's why, I believe that there will be a more reasonable solution in the future. 
January 24, 2020, 11:03:03 AM
Fiat money is in digital form already and most of the transactions are happening online in these days so being digital is not the problem it is under control of banks or government made the idea in which we need something which is uncontrollable,not hackable and completely transparent while the sender and receiver doesn't need any personal information to be shared.
January 24, 2020, 10:56:13 AM
Everyone know that the future of economy of the world is connected with digital currency, So the Banks are issuing their own digital currencies and this trend is increasing day by day. Will Digital currency of Banks can replace the Bitcoin? What do you think about it? Share your opinions
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