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Central Banks Issuing Digital Currency Could Be a Bluff : CryptoCurrency


Crypto Currency

Central Banks Issuing Digital Currency Could Be a Bluff : CryptoCurrency

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It would be beneficial for crypto if some government decided to build a blockchain-based digital token for the public, mostly because it will fuel the real-life adoption of the technology – new customer interaction models, point-off-sale infrastructure etc. I for one would like to see a blockchain-based digital Euro backed by ECB, even if it’s just a small proof of concept project.

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But first, central bankers have to get used to the blockchain-based assets, so I imagine we will first see some settlement coins used in intra-bank transactions (like the one that is being developed in Switzerland). Roll out of any such coin to the public is far, far away.

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