11 Oct '17, 6am

Is there any need of banks when all countries will accept digital currency?

Is there any need of banks when all countries will accept digital currency?

If your country is fast and modern than the rest of the countries then, cryptocurrency is coming speedily coming your way. Discussions regarding the implementation of digital currencies, have been doing rounds for a long time. With the centralized traditional structure going on presently in the world, it gives the government the full authority to decide the amount of money a person can withdraw, with limitations, taxes and other powers over your money. In this case, your money is not your money but governments money. But, if the countries adopt digital currencies your asset will be only yours , and it will be only you who will decide the fate and transactional decisions regarding your money. It will be just like the native money, but with such cool features that will not only give you the authority over it but also create an environment for a secure network, where there wi...

Full article: https://www.applancer.co/blog/is-there-any-need-of-banks-...

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