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RE: India Ban on Bitcoin | RBI Provides 3 Months to Everyone | My Views
I agree, this decision clearly shows the desperation and fear among central banks, they are afraid that this Block-chain revolution will lead to ripples across the financial sector, it will create new winners and losers, and it will likely decentralize banking services and create micro markets, to any banker, this is a scary thought. Ultimately they are trying to save their jobs....
I do agree with you @hms818, central banks & governments want to explore blockchain technology more and use it for their own benefits by centralizing everything. but when it comes to decentralization they are too afraid to lose control.
But the problem, for now, is this Jenine is already out of the bottle and more and more people are getting to know the possibilities ahead with this technology. It cannot be stopped, in my opinion.
Central Banks are just delaying the inevitable at all cost. And are likely soaking up coins on this FUD, you know Jamie Dimon is.
Hmm nice talk
Exactly and it's what my uncles are deliberately on right now I think Central Bank are sitting on soup on this one...