The CEO of Dash Core Group, Ryan Taylor, told Cointelegraph in an interview Oct. 23 that central bank-issued cryptocurrencies are the \u201cinevitable future,\u201d but it will be people who \u201cwill decide what form of money they want to consume and use as part of their lives.\u201d<\/p>\n
Speaking with CT during the Money20\/20 conference, Taylor stated that central banks have certain advantages in issuing their own cryptocurrencies, but questions remain as to what form will it take and how the market will react. Taylor noted that the \u201cfree market can ultimately design the better money than the government,\u201d underlining:<\/p>\n
\u201cI do think it\u2019s inevitable. They [governments] all are going \u2014 through either competitors\u2019 pressure or through their own desires \u2014 to launch their own cryptocurrencies.
\nBut I don\u2019t think it is where the greatest innovations will occur.\u201d<\/p>\n
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The CEO of Dash Core Group, Ryan Taylor, told Cointelegraph in an interview Oct. 23 that central bank-issued cryptocurrencies are the \u201cinevitable future,\u201d but it will be people who \u201cwill decide what form of money they want to consume and use as part of their lives.\u201d<\/p>\r\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[216],"tags":[],"acf":[],"yoast_head":"\n