While Bank of England bankers are still watching the potential risks posed by the current banking system, their counterparts across the Atlantic are already preparing to compete with the most popular digital currency. Where a member of the ECB Executive Council, called on commercial banks to implement new solutions that would limit the rapid growth of biotech among users. "Banks should make immediate payments as soon as possible and provide an alternative to the current public debate on the alleged innovation of digital currency schemes," ECB director Yves Mersch said at a meeting in Rome. This presumed replacement of Betcone may be part of the ECB's attack on the digital currency, which is known to be investigating "legal restrictions" against its users in areas under the authority of the central bank.
While proponents of the rise in the prices of this year's Baitcoin and its adoption in general, as a direct challenge to central banks. Apart from possible future monetary influences, the success of the Betquin indicates the discontent of people dealing with money supply by the Federal Reserve Bank, the European Central Bank and their institutions around the world.
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