Toro
Diamond Member
This is what not being a fucking idiot looks like toro-
Central banks around the world want to get into digital currenciesâhere's why
Intense interest in cryptocurrencies and the Covid-19 pandemic have sparked debate among central banks on whether to issue digital currencies of their own.www.cnbc.com
Central banks are rushing to build digital currencies. What are they, and what do they mean for you?
As bitcoin continues to soar in value, many of the world’s central banks are looking to emulate it by issuing their own digital currencies. But central bank currencies are very different beasts to cryptocurrencies, and have much more far-reaching consequences, as Saloni Sardana explains.moneyweek.com
Bloomberg - Are you a robot?
www.bloomberg.com
Still Getting Your Head Around Digital Currency? So Are Central Bankers. (Published 2021)
If you are trying to grasp Bitcoin and understand what China’s digital yuan means, America’s Federal Reserve is right there with you.www.nytimes.com
You fucking moron.
If one believes the blockchain is money, then of course central banks are going to be involved. Central banks hold all sorts of money. That's what they do.
But that doesn't mean they are about to crash the market to ensure a transition away from fiat money! Central banks most potent tool is fiat money, not blockchain technology. Blockchain is limited. That's their appeal. It's limited like gold. And central bankers don't want to go back to the gold standard.
I know this is complicated. The problem is that you think you know things when you know jack shit.
God you are fucking dumb! That's why you believe in magic crystals and QAnon.