Should our Central banks Use Cryptocurrencies Like Ethereum And Bitcoin 

I stumbled on an article that says: 

Central Banks Are Considering The Use Of Cryptocurrencies Like Ethereum And Bitcoin 

Reference: https://hothardware.com/news/central-banks-are-considering-the-use-of-cryptocurrencies-like-ethereum-and-bitcoin

Thoughts After Reading

If our central banks adopt the cryptocurrencies into their financial structuring and bring it into the banking world, well i would say it's a very good idea to begin with but i also feel there are still complications the bitcoin community have not put into consideration...  

* First if the cryptocurrencies is integrated into our everyday banks, what is the assurance the cryptocurrencies won’t lose its values because I strongly believe that would be the first thing the IMF would want the central banks to do, seeing ways where they can devalue the our bitcoin and Ethereum. Dont forget 1B is 2,800 against the dollar.. 

* While the apex bank be able to handle all the security measures required to secure our bits with the recent rate of hacks on bank account all over the world. * There might be a jump in transaction charges knowing that the merchant/local banks who you will have deal with when making a transaction would charge you and also the apex/central bank would also want a percentage of that which would lead to a definite increase on charges. 

* There might be more monetary restrictions on how much you can spend each day. we all know that's the style of central banks to monitor how we spend and reduce it...

 So i would say this might be a bad idea for users...

Note: you can find the full article about this post on the link provided by hothardware.com 

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