No it won't.
Useful for the people who are in power maybe, but not for the people who use it. This is another trick set upon us by banks to control and manipulate us, and to make us believe that we need them.
In reality we don't. Bitcoin has proven that a community of users can maintain its own
ecosystem with a decentralized form of
money as its
backbone.
They will keep arguing for their
central back crypto narrative for the next 10 years, I reckon. Be careful and do not listen.
A senior executive for Goldman Sachs believes that cryptocurrencies - at least those that might one day be created by central banks - could be "incredibly useful."
Sharmin Mossavar-Rahmani, chief investment officer for Goldman's Private Wealth Management unit, spoke with Business Insider in an interview published Tuesday. During the conversation, Rahmani notably remarked that "we think cryptocurrencies in their current format, meaning that in the current incarnation, are in a bubble."
"The bitcoin prices are astronomical. Then we compare that to ether, and ether is even more astronomical," she went on to say. "So clearly, these valuations don't make sense to us."
Yet on the topic of a central bank-backed cryptocurrency, Mossavar-Rahmani struck a more positive tone - even going as far to say that those prospective currencies would be more useful than the coins in existence today.Read in full https://www.coindesk.com/goldman-sachs-exec-central-bank-cryptos-incredibly-useful/
