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Title: [2016-05-12]Can Bitcoin Resolve Central Bank Woes? Post by: BTCBinary on May 12, 2016, 12:54:41 PM Can Bitcoin Resolve Central Bank Woes?
Would the adoption of digital currency, such as Bitcoin, solve central banks' problems? Probably not, said Bloomberg View columnist Leonid Bershidsky. Central banks are mulling to get paper currency out of people's hands due to money laundering issues and negative rates. Bershidsky recalled that in March, Bank of England Deputy Governor Ben Broadbent publicly contemplated "central bank digital currency," focusing on the "implications of shifting deposits to central banks, including the de-facto end to fractional reserve banking." http://www.benzinga.com/news/16/05/7960044/can-bitcoin-resolve-central-bank-woes#ixzz48Rh6vKnw |