Latest Posts with CBDC tag

CBDC

188 Articles 3 Followers


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 Deputy Governor of the Bank of Ghana said "Central Bank Digital Currency Is Fiat Money"

12 Jul 2021 1 minute read 0 comments PREEMINENT REVENUE

Ghana's proposed central bank digital currency is similar to fiat cash, and thus financial institutions and fintech start-ups can still create value using it, according to a Bank of Ghana (BOG) official. Nonetheless, the BOG's deputy governor, Maxwel...

The end game for crypto regulation?

12 Jul 2021 3 minute read 0 comments 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...

Anarchy is not the absence of rules, but of regulators (part 2)

5 Jul 2021 14 minute read 13 comments SirGerardThe1st

If you didn't read Part 1, you can do it here. Lysander Spooner believed that it was beneficial for people to be self-employed to enjoy the full benefit of their work rather than share it with an employer. His life passed in the 19th century before t...

My Thoughts on “The Promise Of Bitcoin”

4 Jul 2021 3 minute read 0 comments diaperfinancingfund

If you are new to Bitcoin, reading books on crypto is one of the fastest ways to increase your knowledge and level of comfort on this subject. Here, I will like to recommend “The Promise of Bitcoin: The Future of Money and How It Can Work for You” th...

China bans Bitcoin, strategic choice?

26 Jun 2021 3 minute read 15 comments MikeZillo

News of a few days ago, China has completely banned Bitcoin and cryptocurrencies in general. All financial institutions are no longer allowed to trade with cryptocurrencies: both buying and selling. Not only that. Even Alipay has been intimated by th...