Many institution ( bank ) release crypto currency projects and fail. Bank release project as tester how people respond if bank take part in crypto world but when fail always involve currency in big value. I suggest they learn how to release project from developer, is my advice wrong or there's another option for make successful crypto project?
Maybe people are just not ready for it yet. And moreover I don’t see the need for making use of these coins that are being created by banks, I don’t see why they should be creating cryptocurrencies, we already have the ones we want to make use of and that’s Bitcoin, Ethereum and so many of them, banks should focus on fiat and not try creating digital coins.
When banks talk about creating digital coins I just don’t see the need for them creating those coins that they are creating, just take a look at PBOC creating digital Yuan, it’s still the same Yuan, so what sense does it make? We can already use our banks apps to move money digitally, so forget it.
