Blockchaininfo CEO: Central Banks Will Hold Crypto In Reserve In 2018

In 2018 central banks will hold cryptocurrency, alongside gold and foreign currencies, according to the CEO of Blockchain info, Peter Smith.

How will this trend impact the business corporation between countries?


Looking forward to hearing different opinions.

 

How would this impact business co-operation?

 

have u got any links or further info on it ..?

 

This is not the best news. The whole point is to move away from centralized banking as it has been a threat for ages. The whole model is flawed. They can literally make up money out of thin air with out collateral or asset to back up the money. You and I need asset to take a loan. But these centralized banks like the US Federal Reserve just prints money out of thin air. Also their model only works when everyone is in debt.

Best put in this quote. "Give a man a gun he can rob a bank. Give a man a bank he can rob the world"

Centralized banking is a cancer and the biggest fraud committed in human history.