Why Bitcoiners Fear CBDCs: Imagine The DMV Controlling Your Wallet
Bitcoiners seem to be more aware of the dangers of CBDCs, which could enable governments to easily lock citizens out of their own wallets.This is a transcribed excerpt of the “Bitcoin Magazine Podcast,” hosted by P and Q. In this episode, Q is joined by Lord Norris, the senior vice president of global partnerships at Going Parabolic Ventures, to discuss the looming threat of central bank digital currencies (CBDCs). Watch This Episode On YouTube or RumbleListen To The Episode Here:AppleSpotifyGoogleLibsynWhy Isn’t Everyone Scared Of CBDCs?Lord Norris: When it comes to CBDCs, like....
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Looking to buy BTC to avoid the CBDC "horror story?" The best time was "yesterday," the former BitMEX CEO says. Bitcoin (BTC) holders looking to avoid Central Bank Digital Currencies (CBDCs) may have gained a surprise ally — banks.In his latest blog post, “Pure Evil,” Arthur Hayes, ex-CEO of crypto derivatives platform BitMEX, argued that banks may limit the impact of the CBDC “horror story.”Hayes: Bitcoiners and banks stand against CBDC "dystopia"CBDCs are currently in various stages of development worldwide. Fans of financial sovereignty naturally fear and even despise them, as they....
StealMyWallet.com allows users to download the website owner's Bitcoin wallet which holds their "life savings." The download is a wallet.dat file which Bitcoiners can put into their Bitcoin client. The Bitcoin address currently contains over 10.6, or $2,800. You're probably wondering, Why would anyone give away a wallet holding so much money? It's because the wallet is encrypted, and cannot be opened without entering its passphrase. Also read: NSA is Working on an Encryption-Cracking Quantum Computer. Can You StealMyWallet? Bitcoiners have contributed a few bits to the StealMyBitcoin.com....
Imagine a world where you can exist as a digital representation of yourself or an ‘Avatar’? Imagine being able to see, and do things within this world, that you cannot do in the real world? And, imagine doing all of these things from the comfort of your living room? Welcome to the METAVERSE – alternative […]
CBDCs are one of the major topics in crypto this year, and the experts that Cointelegraph spoke to have a lot to say about it. It is hard to imagine that just two years ago, the general discourse around central bank digital currencies, or CBDCs, was mainly focused on the potential and possibility of issuing them. Even in 2019, the question was about whether we need state-owned cryptocurrencies, with only 70% of central banks worldwide studying the potential of issuing a CBDC, according to a survey published by the Bank for International Settlements at the beginning of 2019. But this year,....
A reading of two recent op-eds on central bank digital currencies (CBDCs).