CBDC

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Philippines Central Bank Completes CBDC Testing

6 Dec 2024 1 minute read 0 comments cryptogod-1

Good day everyone, I hope you are all having a good day, welcome to CryptoGod-1's blog on all things crypto. In this post I will be looking at the completion of wholesale Central Bank Digital Currency (CBDC) testing in the Phillipines.     Phillipine...

Chainlink helping Brazil with phase II CBDC

26 Nov 2024 1 minute read 0 comments Keith Thuerk

Chainlink helping Brazil with phase II CBDC   Brazil is moving their CBDC forward with Chainlink, Microsoft, Banco Inter, and 7COMm are collaborating on Brazil's DREX CBDC pilot to enhance trade finance with blockchain technology.    What is Brazil d...

Warning for CBDCs

23 hours ago 1 minute read 2 comments Vladan Lausevic

TLDR Sweden-based economist Thomas Marmefelt critiques the potential risks of central bank digital currencies (CBDCs). While CBDCs aim to counter the dominance of private cryptocurrencies, the article highlights their potential to centralize financi...

SWIFT the Global Payment Giant Unveils Plan to Integrate Digital Assets and Currencies

18 Sep 2024 1 minute read 2 comments Keith Thuerk

SWIFT the Global Payment Giant Unveils Plan to Integrate Digital Assets and Currencies   What is SWIFT? SWIFT is a global network used to transfer funds, not a settlement nor a clear system. Yes, they learned how to digitally transfer money decades a...

Exploring the Future of Cryptocurrency: Trends to Watch in 2024

26 Jul 2024 1 minute read 0 comments Julia Jami

Cryptocurrency continues to evolve at a rapid pace, with new trends emerging that could shape the future of digital finance. As we move through 2024, several key developments are worth keeping an eye on. 1. Central Bank Digital Currencies (CBDCs)Cent...

How governments and central bankers will try to force you to use their CBDCs. And why you need to buy Bitcoin while you can.

3 Mar 2023 1 minute read 6 comments ssaurel

You may be wondering how governments and central bankers will go about imposing their Central Bank Digital Currencies (CBDCs) on you. Here's what I think could happen. Governments are trying to kill the cryptocurrency industry little by little with a...

China is starting to force its CBDC onto people

4 Sep 2023 1 minute read 26 comments Patch

China has been one of the earliest countries to start up their CBDC, and now it is looking like they have tested it enough and are starting to push it through. Forcing CBDC onto people One of the first things countries will do in order to get people...

Digital Euro

26 Sep 2024 2 minute read 5 comments cryptogod-1

Good day everyone, I hope you are all having a good day, welcome to CryptoGod-1's blog on all things crypto. In this post I will be looking at the progression of the Digital Euro.     Digital Euro The European Central Bank (ECB) official Piero Cipoll...

Are Cryptocurrencies the Beginning of the End Times?

30 Nov 2023 6 minute read 6 comments Allen Taylor

While selling books at my book table at a Kroger grocery store in Wylie, Texas, a woman asked about my book Web3 Social: How Creators Are Changing the World Wide Web (And You Can Too!). When I mentioned cryptocurrencies, she got a concern look in her...

China moves forward with their implementation of the e-CNY, is that a good thing?

14 Jul 2022 3 minute read 15 comments Patch

On the one hand, China bans all cryptocurrencies, while the other implements its own CBDC, the e-CNY. But what are they doing it? Let us see if we can better understand what is happening. What is a CBDC and what can it be used for CBDC stands for Ce...