The Bank of Canada (BoC) is thinking about developing a digital currency that would eventually replace fiat money completely, according to local media platform The Logic. Govt-Backed Digital Currency for More Control Bitcoin came out more than a decade ago as a decentralized, peer-to-peer currency system that enabled privacy and bypassed government control. However, governments learned gradually how to deal with the emerging crypto space. As the saying goes – ‘if you can’t beat them,Read MoreThe post Bank of Canada to Fight Crypto with Own Digital Currency appeared first on Bitcoinist.com.
