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Payments is controlled by the banks. They see this as a threat to them.
by 1cvmask 6y ago
Payments is controlled by the banks. They see this as a threat to them.
- going_to_800 6y agomore countries will follow.
- pelorat 6y agoMore likely they will create their own centralized crypto similar to XRP.
- ben_w 6y agoWhy? Every time cryptocurrencies get discussed here, the talking points are “crypto is trust-less” (incompatible with centralised), and “government can’t be trusted” (ditto). I can believe they’ll make a new currency, might even call it a “cryptolira” or whatever as branding, but there is exactly zero value in a government-run money Blockchain. Databases already exist, much lower energy cost, well studied, easy to audit and backup or rollback.