Current，Digital currency has become the focus of scholars in the global financial field，Causing widespread discussion in the academic community。July 26，The official website of the British Economic Policy Research Center published an article written by Ethan Ilzetzki, associate professor of the Department of Economics at the London School of Economics and Political Science and others，The Center for Macroeconomics conducted a survey on British scholars’ views on legal digital currencies，Most of the interviewed scholars believe，The issuance of bet365 best casino games will be beneficial to economic development。

　　Fiat bet365 best casino games brings changes to the banking industry

June 29，The Bank for International Settlements released the "2021 Annual Economic Report"。This report shows，After surveying central banks in 50 countries，The Bank for International Settlements found that 43 central banks are actively studying bet365 best casino games issues，Central banks in 7 countries have launched pilot projects。Currently，The UK has conducted preliminary research on the issuance of bet365 best casino games，And established a digital currency development task force。In this context，The British Macroeconomic Research Center recently conducted a survey，Focus on understanding the attitudes and views of domestic scholars towards bet365 best casino games。

Roger Farmer, professor of economics at the University of Warwick, UK, believes，Issuing bet365 best casino games is a choice that conforms to the logic of currency evolution，Also a “logical response” to private cryptocurrency challenges。In Jagjit S. Chadha) It seems，Issuing bet365 best casino games can improve people’s participation in the financial system and the transaction efficiency of the financial system，Reduce the illegal use of cash。Jumana Saleheen, Chief Economist at CRU Group said，Currently monetary policy is mainly implemented through repurchase transactions between the central bank and major commercial banks，There may be a certain amount of "loss" during the conduction process，The introduction of fiat digital currency can eliminate these "losses"，Improving the transmission effect of monetary policy。In addition，The introduction of fiat digital currency may also help the UK increase productivity。Some scholars believe that，The use of fiat digital currencies can introduce “smart contracts” and blockchain technology into traditional units of account，Promoting financial inclusion and the ability of central banks to implement countercyclical monetary policies。

Some scholars believe，Although the introduction of bet365 best casino games will bring major changes to the banking industry，But we should look at this change from a positive perspective。Nicholas Oulton, senior visiting fellow at the Center for Economic Performance at the London School of Economics and Political Science said，Promoted by external forces，Banks will have more incentives to carry out beneficial innovations for ordinary customers。David Miles, professor of financial economics at Imperial College London Business School, emphasized，On the basis of bet365 best casino games，Financial institutions can provide safer payment methods，Making people’s funds safer，Reduce the risks faced by banks，Especially the risk of runs。

　　Fiat bet365 best casino games has broad prospects

Rémi Bourgeot, a researcher at the French Institute of International and Strategic Relations (Institut des Relations Internationales et Stratégiques), told this reporter，Today，Many transactions have become “digital”，The use of cash for transactional purposes is declining，The use of electronic payment is becoming more and more widespread。Therefore，Some private digital currencies are sought after by some people。But compared to these private digital currencies，Digital currency that can promote development，That is, bet365 best casino games，Deserves more attention。

First，Private cryptocurrencies are not currencies，It is still considered an investment tool，Instead of means of payment。French Economist、Michel Aglietta, emeritus professor at the University of Paris 10, thinks，“Money is not a kind of wealth，It’s a payment system”。The liquidity that bet365 best casino games can provide is supported by sovereign countries，Should be verified by a political entity that expresses the social ties of a country，New currencies cannot be improvised。

Secondly，bet365 best casino games cryptocurrency emphasizes decentralization，They are not based on any institution，Whether it is public or bet365 best casino games，Instead, it establishes a framework for generating and exchanging pricing units based on its own rules。The origin determines that the generation speed and total amount of bet365 best casino games cryptocurrency are limited，Unable to meet the economy’s usual monetary needs。

Finally，Private cryptocurrencies are often not related to the actual economic conditions of countries，Use currencies that have nothing to do with your own national economy，Very likely to bring disastrous consequences。For example，bet365 best casino games dollarization in developing countries in Latin America and in Lebanon has adversely affected them。

From the perspective of economic development，Fiat digital currencies have a brighter future than private cryptocurrencies。Especially for developing countries，Fiat digital currencies can help them improve financial stability，Implement a more ambitious and targeted financing policy。By issuing bet365 best casino games, a more direct connection can be established between ordinary people and currency issuing institutions，Implementing more effective approaches to financial reform，Solve the inherent problems of the financial system。

In addition，Scholars also proposed，Although the advantages of introducing bet365 best casino games outweigh the disadvantages，But it will take a long time for the benefits of bet365 best casino games to be realized，Its popularization also requires a process。Although the introduction of bet365 best casino games is beneficial to reducing financial costs、Form a virtuous cycle and provide better services，It may also lead to the intensification of the "data island" phenomenon and unfair competition。The ultimate benefits of adopting new payment technologies will depend on the competitive structure design and data governance arrangements of the underlying payment system，Therefore, it is necessary to pay attention to the detailed design related to bet365 best casino games。