Central Bank Coins Are the New Altcoins

[tyz]

Consider this: the efforts of central banks to create centralized digital currencies are no different to altcoins. The only difference is who is producing the coin and what funding the development team has. Some might even argue that altcoins have greater credibility, as they in most cases have public and not private blockchains. In an age where there is greater demand for transparency, why not acknowledge the potential downfalls of central bank coins?

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[Cryptotraider16]

Consider this: the efforts of central banks to create centralized digital currencies are no different to altcoins. The only difference is who is producing the coin and what funding the development team has. Some might even argue that altcoins have greater credibility, as they in most cases have public and not private blockchains. In an age where there is greater demand for transparency, why not acknowledge the potential downfalls of central bank coins?

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Thanks man👍🏼

[ArdiPrabowo]

very good is centran bank is execute and create digital curency same altcoin
but must can trading and added with pair bitcoin
i hink is very big news if bitcoin can trading bank product

[JeffBrad12]

The real competitors of crypto were coming, the crypto nations will be threatening for the crypto. I may think if this wasn't being good news for the crypto user.

Honestly, even the downfalls of the central bank didn't mean something. Hyper ledger a part of them.

[tyz]

The real competitors of crypto were coming, the crypto nations will be threatening for the crypto. I may think if this wasn't being good news for the crypto user.

Honestly, even the downfalls of the central bank didn't mean something. Hyper ledger a part of them.

What do you understand by crypto nation? Do you mean the upcoming crypto currencies of existing nations or "nations" that will formed virtually in the future and which identify themselves with their own crypto currency? I personally like the latter idea, although I think that this is very unlikely.