According to the ASI president, Central Bank Digital Currencies originate from Satan. And Bitcoin is not an alternative to currency but a speculative financial asset. ASI is a company that started in 1982 to deal in diverse alternative assets like foreign currencies, precious metals, and the pre-1933 United States gold coins. The company also has […]
A reading of two recent op-eds on central bank digital currencies (CBDCs).
Almost 50 monetary authorities and central banks are researching and developing wholesale or retail CBDCs. What does 2021 hold in store?
The island of Manhattan in New York City - populated with over 1.5 million individuals and countless more, aggressive birds that won't hesitate to steal your lunch - has received it's second bitcoin ATM. Given that it's New York City, it's rather hard to believe it's taken this long, and New Yorkers have the folks over at PYC to thank for the machine. The first ATM, installed in the late summer at a jewelry store in West Village, made headlines even on major papers for the simply reason that it was the first known bitcoin ATM to hit Manhattan, but we'd expect this second launch to come....
The president of the European Central Bank (ECB), Christine Lagarde, says cryptos are not currencies, adding that they are “highly speculative, suspicious occasionally, and high intensity in terms of energy consumption.” She also discussed the need for stablecoin regulation and central bank digital currencies (CBDCs).
Lagarde: ‘Cryptos Are Not Currencies. Full Stop’
ECB President Christine Lagarde shared her view on cryptocurrency, stablecoins, and central bank digital currencies (CBDCs) in an interview with Carlyle Group co-founder David Rubenstein,....