Europe Banks: “Digital central bank money...currently not in sight"

in #cryptocurrency7 years ago

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“Digital central bank money analogous to cash is currently not in sight" says Carl-Ludwig Thiele, a board member for Bundesbank, one of the largest banks in Europe.

Though his statements are contrary to previous statements by the Bundesbank, he is now signaling a more conservative stance, warning investors

“We are seeing a rapid increase in value, which brings the risk of rapid losses.”

Though the Eurozone rejecting the concept, other countries such as Dubia and Russia are still considering a nationalized digital currency.

Read more about it here on Cointelegraph:

No Eurozone Cryptocurrency Says Bundesbank Board Member

 
 


 
 

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I suppose that when they do decide to go for digital currencies they wouldn’t be decentralized right?

I wouldn't hold your breath... decentralization to a bank is like holy water to a demon...

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