Bitcoin Forum
May 06, 2024, 05:52:52 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: [2016-05-11] Bitcoin is not the answer to central bank worries  (Read 258 times)
CrimBit (OP)
Hero Member
*****
Offline Offline

Activity: 672
Merit: 500



View Profile
May 11, 2016, 02:15:37 AM
 #1

Here's a utopian image (or perhaps dystopian, depending on the point of view) to ponder: Central banks have switched from issuing money in the form of cash to releasing digital currency and registering transactions on a distributed ledger along the lines of the Bitcoin blockchain.

Because it doesn't require much of an upfront investment -- the clearance and transaction recording system is decentralised — the central bank is now able to do something it has never done, namely accept depos ..

Read more at:
http://economictimes.indiatimes.com/articleshow/52215383.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!