Nope. The banks are working on a closed system on which they can transfer financial instruments between institutions, so that they can reduce transaction and back office costs. They aren't creating a currency that will compete with bitcoin, and have no incentive to do so.
RE: Will BTC fall when the 4 largest banks launch their own digital currency in 2018 (!)
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Will BTC fall when the 4 largest banks launch their own digital currency in 2018 (!)
I wouldnt bet on it. I have been banging on about this problem for over 12 months and my message is just getting through..!!
BLOCKCHAIN + DERIVATIVES = GAME CHANGER
Expect to see a new Derivatives Digital Currency that WILL replace the $USD as the Global Reserve Currency.
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