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RE: Why are nations even creating own cryptos? Programmer explains.

in #cryptocurrency7 years ago

Reserve Bank of Australia governor Philip Lowe thinks bitcoin is mostly attractive to criminals and speculators but has acknowledged there could one day be an electronic Aussie dollar based on similar technology. See https://thewest.com.au/business/money/rba-chief-says-bitcoin-for-criminals-and-speculators-but-bank-is-open-to-idea-of-electronic-aussie-dollar-ng-b88689363z Me thinks he does not know much about the crypto revolution; or if he does he does not say so publicly.