[2015-12-16] “It Doesn’t Matter Who Owns Digital Currency Issued By Central Bank

[jdebunt]

For quite some time now, people have feared how traditional financial institutions will use the concept of Bitcoin to create a centralized currency. By the look of things, that fear has now become a reality, as eCurrency Mint pitches technology that lets central banks issue their own digital currencies. To make matters, even more, interesting, these currencies would consist of attributes found in bitcoin, as well as certain traits associated with cash as we know it.


http://bitcoinist.net/ecurrency-mint-ceo-doesnt-matter-owns-digital-currency-issued-central-banks-long-value-preserved/

[Snorek]

It is almost funny to see how banks are trying to adapt. The banking world has become a madhouse then no wonder they are seeking possibilities to extend their reach.
I've read some study that suggested banks in the United States were only the fortieth safest in the world, if they think that introducing their own issued crypto will change that, they are not thinking clear.