CBDC

475 Articles 8 Followers


The IMF are developing a Global CBDC Platform

22 Jun 2023 2 minute read 8 comments Patch

And just who is the IMF you might be asking yourself, and why should I care about what they are doing? Let us jump right into it, and I will tell you all about it and how it ties into the wonderful world of CBDCs. What exactly is the IMF trying to d...

CBDC, The New Form Of Financial Slavery.

19 Nov 2023 4 minute read 10 comments CryptoEntrepreneurs

I am of the opinion that the financial system is obsolete and that it needs a profound transformation, that the global economy is a disaster, that unfortunately we do not emerge from one crisis to enter another and that inflation erodes our pockets a...

Chainlink helping SWIFT build token infrastructure

30 Sep 2022 2 minute read 1 comment Keith Thuerk

Chainlink helping SWIFT build token infrastructure   Who is SWIFT?  They are a global messaging system leveraged by financial institutions (> 11K globally) that relies on standardized security and codes for all transmissions. The key difference from...

Beyond Politics: Presidential Candidate Robert F. Kennedy Jr. Challenges the Status Quo, Stands for Cryptocurrency and Individual Freedom

25 Jun 2023 3 minute read 23 comments ZeroRequiem

In a political landscape often filled with empty promises, one presidential candidate dares to defy the establishment and champion the cause of cryptocurrency and personal liberty. Robert F. Kennedy Jr., in an exclusive interview with The New York Po...

Kazakhstan and Turkey moves forward with their CBDCs

12 Jan 2023 1 minute read 5 comments Patch

I thought I would pair these two news items as they both pertain to CBDC, into one post. It is me trying to make the CBDC news easier to follow along with. Hopefully, it works. =) Kazakhstan plans to roll out its CBDC 2023-2025 Kazakhstan's central...

China tries to ride the coattails of tradition to get users to adopt their new digital yuan wallet

1 Jan 2023 1 minute read 9 comments Patch

I will as always try and keep you updated on the CBDC news and going on in the world. As I find the topic very interesting, to say the least. China tries to ride the coattails of tradition A long-standing tradition in China is the giving of money du...

The biggest reason for China to adopt CBDC, and no one is talking about it

12 Jan 2023 3 minute read 14 comments Patch

I have not kept it a secret that I am against CBDCs in all its shape and forms. Almost all the reasons given for why a country "needs" a CBDC ring more hollow than Son Doong, the world's biggest cave. But as I have looked into China I have found what...

India using its CBDC to strengthen its global trade position, will Rupees be the future reserve currency?

8 Jul 2023 6 minute read 15 comments Patch

India is currently in negotiation with 18 other countries in order to establish cross-border CBDC payments. You might wonder why, let us see if we can figure it out. Backstory In order for us to try and make sense of this play for a bigger piece of...

Nigeria bans large ATM withdrawals to try and force adoption of CBDC

12 Dec 2022 1 minute read 19 comments Patch

In what can only be described as an extreme act of overreach by the Nigerian government they have severely limited their citizen's ability to access their own money. All in the name of CBDC adoption. Nigeria put a weekly withdrawal limit of $225 in...

CBDC vs Crypto: Exploring the Future of Digital Currency

3 Jan 2024 4 minute read 1 comment dimitris7

With the emergence of cryptocurrencies such as Bitcoin and Ethereum, digital currencies have become a topic of discussion over the past years. But there's another type of digital currency that's getting a lot of attention, Central Bank Digital Curren...