Central banks

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How banks have taken over your life without you realizing it (and how cryptocurrencies came to save us all)

14 Feb 2021 10 minute read 22 comments SirGerardThe1st

This is another spell for my Grimoire. Sometimes it is very difficult for me to understand how there are still many people, many of whom are very educated, who ignore the perversity of the banking system that has governed us for many years, enriching...

Nouriel Roubini says Bitcoin is worse than FLINTSTONES SHELL MONEY!! and other conflation of bs & lies from Dr. Doomers

12 Feb 2021 8 minute read 13 comments Dave Sawyer

Hey Cryptos we love you each n every one.  Let us hug n pinch ourselves in joy for every cryptopenny the 0x gave us, it's magic.   But do take time out of our busy day to laugh at Nouriel Roubini and his op ed in the Financial Times this week.   Dear...

CBDC: Securing the Immutable Ledger

12 Feb 2021 6 minute read 0 comments Craig Borysowich

There are two things at odds in developing a secure, immutable ledger of transactions for a Central Bank Digital Currency (CBDC).  You want the immutability and security of decentralized cryptocurrencies, but you also want the centralized control of...

TOP TEN funniest crypto events so far in 2021! Bitcoin vs. fiat, the central banks strike back...

21 Jan 2021 10 minute read 1 comment Dave Sawyer

Cypherpunks, god bless ya, we love you!  Thanks for the tips likes and follows - the humor is everywhere and we can't unsee it!  Let's get started:  NUMBER TEN!!! - clickbait frothy market top madness like this:  Get used to it, we will see plenty....

Do you still trust banks?

7 Jan 2021 2 minute read 2 comments belemo

Every time the Nigerian government makes the headlines, it is usually about something ridiculous. It's not that good things aren't happening in the country, it's just the overwhelming nature of the ridiculous policies and decisions tend to be loud....

Digital career of Banks and Financial Institutions

10 Dec 2020 1 minute read 0 comments alquimista1501

Returning to the end of 2017, I think that no one would have bet on a very little known currency and that it did not represent a safe investment due to its volatility. Bitcoin continues to be a system that could give a solid and real response, which...

The IMF Denotes Bitcoin, Ethereum And XRP As “Quasi-Monetary Units”

2 Dec 2020 1 minute read 2 comments CryptoBrowser

The International Monetary Fund (IMF) Also Stated That If A CBDC Is Introduced, Cryptos Will Have To Be Very Clearly Described One of the world’s biggest monetary policymakers, the IMF, analyzed the legal framework behind Central Bank Digital Curren...

CBDC: Payment Processing Efficiency and the Realities of 'TPS'

1 Dec 2020 3 minute read 0 comments Craig Borysowich

Efficiency and speed in the processing of payments come from the availability and verifiability of payment data while that payment is in flight.  In short, the transaction has the details of the sender and the receiver of the money, the amount of the...

CBDC: Wholesale, Retail and the Subtle Contexts of Money

25 Nov 2020 3 minute read 1 comment Craig Borysowich

At the end of the day money is money, but with that said, there is are some very different contexts of money that become important in the implementation of a CBDC.  Simply delineating between wholesale money or retail money and public versus private...

Banking on tomorrow. MultiSig wallets and business

23 Nov 2020 1 minute read 1 comment bobby d!gital

Imagine a not so far future where banks are a thing of the past like old fashioned diners from the 1950's.  MultiSig wallets will have a large role in tomorrow's business and they are here today. Quite possibly crypto could replace banks as we know...