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RE: VYB_POBSTREET 9-1-2022 #8:what will be the fate of government and world banks if cryptocurrency take over Fiat and fully takes control of the new money?

in #leofinance3 years ago

What they can't control, they fear it the most. But somewhere they know that it's inevitable and the future for sure. So many governments are embracing cryptocurrency and its usage. While others are trying to figure out how to control it x how to centralize it. While cryptocurrency is big challenge to conventional banking and fiat currency, it a new innovative means and opportunity too, only if proper knowledge and guidance takes place.

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just which they it that cryptocurrency is truly a great challenge for them,they really need to know this because is going to help

What they can't control, they fear it the most

it is nothing but truth,that is way cryptocurrency is not legalize in some country,but they know that if it is legalize they can't control it,it is really there fear,but they are the one losing

exactly, that is some country did not legalize cryptocurrency,they want to control it on there own which is not done in cryptocurrency world