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RE: Andreas Antonopoulos on Bitcoin and the Banks - the Five Stages of Grief

in #bitcoin7 years ago

Thanks for sharing.What if every Government or Banks come up with their own Crypto coin backed by central Bank? But it will be centralized right? If Central Bank can accept Cryto currency. It will be a big moral boost.

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As Andreas Antonopoulos said "Who's going to join FedCoin? They can of course mine their own currency, it won't be decentralized and it will be fully trackable and permissioned instead of permissionless..."

Bottom line is I fully expect them to try this when things get bad for them. The educated will know better.