"The central bankers do not want their institutions to own or use Bitcoin itself."http://nyti.ms/2dTyWQ1
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Replying to @jonmatonis
They will. Independent cryptocurrency is a superior substitute for gold reserves and foreign central banks' paper during wars.
9 replies 43 retweets 86 likes -
Replying to @NickSzabo4 @jonmatonis
it's 40y CBs have been striving for something similar: special drawing rights. SDR failed, digital gold will succeed
3 replies 0 retweets 2 likes -
direct access to CB money on a ledger makes sense; it won't happen as it'd kill saving bankshttps://speakerdeck.com/nando1970/about-bitcoin-and-blockchain-1?slide=58 …
1 reply 2 retweets 6 likes
Replying to @Ferdinando1970 @jonmatonis
Can do both (i.e. issue CB fiat money on blockchain and use real cryptocurrency as CB reserves).
11:15 AM - 12 Oct 2016
0 replies
3 retweets
6 likes
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