RBA governor cool on electronic dollar; calls bitcoin 'speculative mania'
The Reserve Bank of Australia has no plans to issue electronic dollar banknotes, says governor Philip Lowe in a speech in which he also dismisses the current fascination with bitcoin as a "speculative mania".
The Crypto Report: US government to look into digital currency option, Biden confirms
President Joe Biden will sign an executive order today requiring the US government to assess the risks and benefits of creating a central bank digital currency (CBDC),.
According to the official, the US will move forward cautiously on the project given the dollar’s role as the world’s primary reserve currency. A CBDC is a digital form of a country’s fiat currency, like cryptocurrency, but issued by the government in the same way as traditional paper money.
Bitcoin is BOOMING – Are You Investing NOW?
Bitcoin is BOOMING – Are You Investing NOW?
Bitcoin is on the rise and it’s time to invest! In this video, I’m going to share with you why bitcoin is booming and how you can make money off this digital currency.
Bitcoin is a digital currency that is growing in popularity all over the world. If you’re looking to make some money, then it’s time to invest in bitcoin! This is a high-risk investment, but if you’re prepared to take risks, you could make a lot of money by investing in bitcoin. So don’t wait – invest in bitcoin today!
Bitcoin has risen by almost 39% since the beginning of January, with the price of the cryptocurrency briefly reaching $23,000 on January 23rd. The increase in price is thought to be due to news of another crypto bankruptcy, as well as bets on a Federal Reserve “pivot” to cutting interest rates. The price of the second-biggest digital coin, ether, also rallied to reach $1,664.78 on January 22nd. Investors are hoping for a reversal in the monetary tightening that affected market players last year, and are optimistic about central banks easing the pace of rate rises or even cutting rates this year.
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Unlocking Financial Freedom: How to Break Free From 9 to 5 NOW!
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The Fed launched a DIGITAL CURRENCY while YOU weren’t watching
Right before Thanksgiving, our trusted leaders in D.C. did what they did best: They pushed forward controversial policies while YOU weren’t watching. In this clip, Glenn details how the Fed began its ‘Central Bank Digital Currency’ program last Wednesday afternoon, while Americans were busy preparing for the holidays. Plus, Glenn explains another, big decision the Biden administration made that very same day…
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What is Crypto currency in 2 minutes? || crypto || Block chain
Crypto is a digital or virtual currency that uses cryptography for security. It operates independently of a central bank or government. Bitcoin, the first and most well-known cryptocurrency, was created in 2009. Since then, thousands of other cryptocurrencies have been created. These currencies use decentralized systems, such as blockchain technology, to secure transactions and control the creation of new units. Transactions are recorded on a public ledger, called a blockchain, that is maintained by a network of computers. Cryptocurrency can be bought, sold, and traded on various online platforms, and can also be used to make purchases. However, the value of crypto can be highly volatile and the use of it is still limited in comparison to traditional currencies.