Latest Posts with CBDC tag

CBDC

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The New Nightmare of Central Bank Digital Currencies

20 Aug 2021 6 minute read 7 comments Bread

A Twisted Tale Imagine one day you walk into a local grocer, grab a few items from the shelves, then head over to the checkout. The cashier scans your items like normal, and you pull out your card to pay. But as you tap your card, a message flashes u...

Celsius App training for a CBDC

19 Aug 2021 4 minute read 0 comments Ino

   I've been using Celsius since about 2020 and compared to BlockFi they sometimes had better APYs but the one thing that made Celsius way better then BlockFi was when you submitted a withdrawal it was instantly transferred on the blockchain and in 1...

Notes on CBDC 1: Declines in physical cash usage

5 Aug 2021 2 minute read 0 comments Craig Borysowich

While dozens of countries see a marked reduction in the use of physical currency as a means of payment, the continued need for a physical currency is not disappearing from economies any time soon. There continue to be valid micro-transaction use case...

Fed Starts Shilling Its CrackBabyDigitalCurrency (CBDC) to Mainstream

28 Jul 2021 4 minute read 3 comments AlucardLife

This article is a response to the Yahoo Finance piece by Sheila Blair. Yahoo gives the disclaimer that Sheila Blair was a former Fed stooge — as if being honest about that legitimizes the shill. Using honesty as a tool of deception. Ha! Look. The bit...

5 Great Dangers of CBDCs

20 Jul 2021 5 minute read 2 comments fabio-

CBDCs, short to Central Bank Digital Currencies, are being currently developed by many Central Banks around the world. Crypto enthusiasts usually see them with a great amount of mistrust, as Bitcoin itself was specifically created for it to be a dece...

We Need to Talk About the CBDC Threat to Cryptocurrencies

15 Jul 2021 2 minute read 4 comments zacharias

15 July 2021:  One thing that has been made abundantly clear by major central banks and governments around the world - they do not like cryptocurrencies.  Crypto poses the most direct threat to centralized governments grip on power - a monopolization...

A looming (but manageable) threat to the decentralized crypto space

14 Jul 2021 2 minute read 0 comments NZFX

  Digital currencies are coming.  It’s not a matter of if, but rather when and which type.  Right now, despite heroic efforts by developers and early adopters of decentralized crypto, once central banks start introducing their digital currencies the...

The end game for crypto regulation?

12 Jul 2021 3 minute read 1 comment NZFX

In my previous post, I laid out a small handful of reasons for why governments might want to let private crypto take hold and a few reasons why they might not.  This is pure speculation, but count me among those that think they will do all they can t...

Is the UK planning to regulate Crypto and the Blockchain?

11 Jul 2021 1 minute read 6 comments Paul Straker

"...our vision puts the UK at the forefront of technology and innovation in the 21st century... …exploring the case for a central bank digital currency with the Bank of England… …consulting on pioneering reforms to support the safe adoption of crypt...

CBDC's: Repackaged centralization is not the answer to the problems centralization caused

11 Jul 2021 2 minute read 2 comments NZFX

The commentary below is not intended to be support for any one political group, but rather an observation of the system at large.  I offer these opinions now as we seem to be on the eve of many governments adopting CBDC’s (central bank digital curren...