"Why or why not?"
Inevitable! - Yuppp I think so too. 🤔
peer pressure and fomo - guess everyone is susceptible to fomo lol. 😂
Just feeling! What would be the difference? On the other side, the role of CBs in the digital economy should be different. - Hahah I agree, but I doubt they will do that. They still want a great degree of control. ✊
totally agree.. & i think it will be sooner, by 2025 i think. the adoption of blockchain by the financial world.. central banks, banks, stock exchanges & alike will see very fast adoption.. - Yeah, I think that if they truly committed to it they could even get it done by the end of next year. ⚡
All government wants to have control on where funds are been a move to and from and what incomes are been made for tax purposes. - Also, they wanna track our spending. It's critical data. 🧠
Mayhaps long before that. At the same time we well could have that 'one world' coin just as much as that; if not one currency that tethers all other national currencies in unison. - Wow a universal coin... That would be insane. 🤯
Paper fiat is obsolete ! - To me, being able to still use cash too is important. In a cashless society, if they govt just decides to debank you there isn't quite a way to survive. 😔
It makes sense based on today's trend - Yeah it seems like the logical transition.
It the logical next step in the evolution, might be even before 2030, saw a news piece a few weeks back talking about it my native country. Would be interesting to see how it done. - Hmmm now I'm curious to know which country you're in!
Digital Currencies as it stand now are unstoppable , the government won’t have a choice. Every country will gradually see its benefit and align with the technology to also benefit from its profitability! - True. Gotta find a way to get them to profit less. They have had too much power for far too long.
"All"... Yuck, not a fan of overgeneralization. - Okay... 🤷
Because it only makes sense. - It makes cents too. 🤑
Sheep, where one goes the rest will follow - The herd mentality.
I believe all countries will be racing to do away with fiat and replace it with digital tokens. Fiat is way too transparent and open to manipulation (tax / illicit goods etc) The digital economy will grant the state 100% control of every persons finances. - Yeah, it'll grant them even more power. It's up to us whether we'll let that happen.
It does matter if they issue a currency fiat money is cancer - Fiat is like a drug. The just keep printing more and more whenever they're in trouble. 🤪
It is an industrial revolution and all countries will have to get on board. The alternative is not really an alternative... - Hahaha true, it ain't no alternative in my books too. 🙅♂️
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This to-be-released futures trading feature comes after the firm rolled out margin trading on the platform in June. While a release date for the feature has not yet been set, a Binance spokesperson told crypto news source CoinDesk that it plans to launch the test in 2 weeks.
Facebook is reportedly seeking to launch Libra by 2020, but it seems that regulatory compliance for it may include thousands of different standards to meet from various countries. 🤯
Facebook representatives are scheduled to testify on Libra before Congress on 16 and 17 July. Chairwoman Rep. Maxine Waters has also called on Facebook to put a hold on Libra developments until the hearings are completed. 🛑
Berns reportedly acquired the bank through a holding company unaffiliated with Blockchains LLC. The $28 million price tag includes the $25 million purchase price of the bank and $3 million in added capital for investment purposes. 💰
The president of Kirkwood Bank of Nevada also announced that there would not be any changes in day-to-day operations or management. However, Bern is intending to issue a contract between Blockchains and Kirkwood in the future for developing blockchain-based banking solutions to launch by Q3 2020. 👍
10-11 Jul - Barcelona Trading Conference (Barcelona, Spain)
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