How Central Banks Are Using Crypto #money #investing #cryptocurrency

    this is why central governments are using crypto technology in the next phase of money cryptocurrencies are of course completely digital they’re decentralized they’re not controlled by anyone so there’s no need for a middleman to verify anything and over time that system grows it turns Skeptics into Believers and Believers into investors now of course crypto has its own problems like volatility and Market manipulation but the underlying technology that makes them work is better than the system we have today and it’s so much better that these benefits couldn’t just be ignored by the central governments of the world so they’re starting to adopt them into their own system

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    14 Comments

    1. My thought is that if cryptos are just a technical specification, how can you guarantee that eg BTC or whatever layer 1/2 coin is going to be adopted? They can just fork a project and use that and sidestep the marketplace entirely

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