RE: Is the Bank of Canada Talking Early Adoption of a Digital Currency!

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Is the Bank of Canada Talking Early Adoption of a Digital Currency!

in steem •  7 years ago 

Bitcoin will not be accepted by banks, that is the whole point.
Bitcoin is an attack on Centralised banking!
It is also why I think Bitcoin is the way forward!

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Agreed. I don’t think the BofC was implying they were looking a Bitcoin as the currency of choice. They were suggesting a Canada Bank Digital Currency CBDC (maybe not a crypto currency at all). They were commenting on the benefits of a decentralized blockchain and were using Bitcoin as the example. See @fedesox comments above.