CBDC

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How Fair is Fair

2 Jan 2021 1 minute read 0 comments Cryptopsycho21

How Fair is Fair? One of Bitcoin and cryptocurrency’s main advantages is that it should be a fair system of currency.  But how fair are we talking about?  It sounds fair and very logical, but does that mean that it can’t be manipulated to one’s advan...

CBDC: Building the Modern Payments Ecosystem

1 Jan 2021 3 minute read 0 comments Craig Borysowich

  As countries look to rollout a CBDC for general retail use, there are various issues related to the representation, portability and verifiability of value in connected and disconnected environments that create challenges for many payment use cases....

The Dangers of CBDCs

31 Dec 2020 2 minute read 3 comments Theincomebeast

Everyday we hear more and more talk about central bank digital currency (CBDC) It also seems like everyday there is a different central bank talking about launching their own CBDC.   I wrote a short post about China launching a CBDC here. I do not th...

2021 IN DiGITAL EURO

26 Dec 2020 2 minute read 3 comments MISSSUAREZ

We are at a peculiar moment in the history of money, one in which the nation-states that competed with conventional currencies begin to digitize them, in order to make their monetary policy more effective in some cases, or to make borders between cou...

Is digital currency a weapon against BTC?

22 Dec 2020 3 minute read 0 comments Giorgi Mikhelidze

As the world evolves, so too do new technologies in financial technologies improve. Cryptocurrencies revolutionized the standards of payments. The plot twist is, central banks feel threatened by the presence of cryptos such as Bitcoin and are making...

Chinese e-commerce Giant JD.com to Accept Digital Yuan for Payments

7 Dec 2020 1 minute read 2 comments author_nan

JD.com, one of China’s largest online retailers, will accept the country’s digital yuan CBDC as a means of payment, according to a Reuters report published on Dec. 5. JD.com, an online mall, will support the CBDC as China prepare for its shopping se...

China digital yuan: $3M will be given away to Suzhou residents to test the coin

6 Dec 2020 2 minute read 9 comments alberdioni8406

The Chinese City of Suzhou, one of the cities that will be testing the digital yuan also dubbed digital currency electronic payment -DCEP, will receive almost $3 million in form of lottery to test the coin. The lottery will be in red packets containi...

Reasons why CBDC are a BAD idea

5 Dec 2020 1 minute read 3 comments Keith Thuerk

Reasons why CBDC are a BAD idea What is CBDC its defined as a Central Bank Digital Currency.  One can think of it as a Digital dollar ($) or whatever currency it is intended to displace. The premise being they are digital offerings, which during a pa...

Bank of Canada "CBDC, might see the light of the day sooner than expected."

3 Dec 2020 1 minute read 0 comments Keith Thuerk

Bank of Canada "CBDC, might see the light of the day sooner than expected."   On Dec 1st Timothy Lane, Deputy Governor and head of research at the bank’s fintech and crypto department, Stated that Canada’s central bank digital currency, or CBDC, migh...

Russia`s Largest Bank Releases A Digital Currency In 2021

3 Dec 2020 2 minute read 0 comments CryptoBrowser

Sber Bank Wants To Track All Possible Digital Rubles By Adding Tracking Numbers Sber, Russia’s largest bank, announced that the institution entered a key partnership with the financing giant JPMorgan for the development of a digital currency. Sber’s...