May 2, 2024

The Fed and ECB will launch their cryptocurrencies. Why Bitcoin will never become a reserve currency

Lately we have seen an increase in the number of news coming from central banks on the topic of creating their owncryptocurrencies. A number of studies have now been launched on the pros and cons of cryptocurrency, and probably next year one of the central banks will decide whether to launch its own version of the national cryptocurrency or not. Having analyzed this issue more deeply, it is safe to say that there will be forms of digital currency.

As always, under good intentions, we getpitfalls in the form of total control over the circulation of money and a complete lack of the right to privacy. In more detail about what reasons will push the authorities to launch their own cryptocurrencies, as well as why bitcoin will never become a reserve currency, he told in this video: