CBDCs ‘concocted in hell by Satan himself’ says ASI president Rich Checkan

CBDCs ‘concocted in hell by Satan himself’ says ASI president Rich Checkan

Rich Checkan described CBDCs as the spawn of Satan, and thinks that Bitcoin is still a speculative asset and not a currency alternative yet. Rich Checkan, the president of Asset Strategies International (ASI) has described central bank digital currencies (CBDCs) as a product that was “concocted in hell by Satan himself.”ASI was founded in 1982 and deals in alternative assets such as precious metals, foreign currencies and pre-1933 U.S. gold coins, and offers a precious metals trading platform. Speaking during an interview with streaming financial news provider Kitco News on July 27,....

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ASI President Deems Central Bank Digital Currencies As A Satanic Scheme

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 […]

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PYC Installs Second Bitcoin ATM in Manhattan

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....

ECB President Christine Lagarde Insists Cryptos Are Not Currencies, Calls The...

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,....