Take your idea one step further the banks unite and make a universal cryptocurrency there by making it most accessible and stable coin. Talk about monopoly.
https://qz.com/1066601/ubss-utility-settlement-coin-could-put-cash-on-a-blockchain-in-2018/
You are viewing a single comment's thread from:
Yes and now, instead of having a third party clearing house handle the settlements, it will be done by banks....
And how is a bank controlled cryptocurrency different from fiat? Fiat is basically digital money anyway.