Disliked{quote} Why do you think most are in no hurry to implement blockchain or bitcoin? Maybe because there are some stability or security issues we don't know about yet?Ignored
https://www.swift.com/news-events/pr...oof-of-concept
What do you think "developed countries with advanced technologies" and their central banks use to settle their deals ? And what would happen if currencies where no longer "central" ?
Many good reasons to be in before it's there.
Dig into what are central banks. And what currency is. And how it is created. Would you see currencies shifting out of government central control ???? Really? Have you already seen what happen to countries loosing control on their currency ? Have a look on the Zimbabwe dollars.
What if the entire world now use public cryptocurrency not centraly owned ? Money is power right? So now how central banks handle the worldwide economy ?
Cryptocurrency is more than just something that goes up and down.
It challenges our belief that paper is money. Nowadays money is no more than a lineup of bits in a central computer. Making peps believe that paper was worth money was the biggest magic trick of the entire human history ever. Now that peps firmly believe that currency is money, we're ready for cryptocurrency.