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Bitcoin => Press => Topic started by: LiteCoinGuy on November 23, 2015, 10:01:58 PM



Title: [2015-11-23] CD: BIS: Digital Currencies Could Disrupt Central Banking Model
Post by: LiteCoinGuy on November 23, 2015, 10:01:58 PM
BIS: Digital Currencies Could Disrupt Central Banking Model

Specifically, there may be no need for a central bank to issue currency if a distributed ledger is backing a widely used digital money, says the BIS.

"In some extreme scenarios, the role of a central body that issues a sovereign currency could be diminished by protocols for issuing non-sovereign currencies that are not the liability of any central institution," the report states.

http://www.coindesk.com/bis-digital-currencies-could-disrupt-central-banking-model/



Isnt that our deam?  ;)


Title: Re: [2015-11-23] CD: BIS: Digital Currencies Could Disrupt Central Banking Model
Post by: Carlton Banks on November 23, 2015, 10:06:09 PM
Not "could", "are". Cryptocurrencies are disrupting the Central Banking model.


Title: Re: [2015-11-23] CD: BIS: Digital Currencies Could Disrupt Central Banking Model
Post by: BitDreams on November 24, 2015, 12:45:00 AM
BIS: Digital Currencies Could Disrupt Central Banking Model

Isnt that our deam?  ;)

Proof of Dream.

-signed BitDreams