Monetary System – DIGIT INFO

CBDC Debate Heats Up: BIS Project Sparks Controversy Among Critics; Lynette Zang Warns of Dangers of CBDCs

DIGIT — Sun, 16 Apr 2023 19:30:05 +0000

During the weekend, discussions about central bank digital currencies, or CBDCs, trended on social media as many people believe the idea will result in increased financial surveillance and a totalitarian monetary system. In a recent interview, Lynette Zang, the chief market analyst at ITM Trading, warned that CBDCs will “take the world into a full […]

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5 ways CBDCs could impact the global financial system

DIGIT — Fri, 24 Feb 2023 16:36:00 +0000

CBDCs could revolutionize the financial system by increasing efficiency, transparency and financial inclusion while reducing the use of cash.

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Bitmex Co-Founder Arthur Hayes Says Bitcoin Could Drop to $30K Amid a Stock Market Rout

DIGIT — Mon, 11 Apr 2022 14:00:29 +0000

The co-founder and former CEO of Bitmex, Arthur Hayes, has published a new blog post concerning the current state of cryptocurrency markets. Hayes says currently there’s an inability to recognize the cyclical nature of markets and the “inconvenient truth” that is crypto is now moving in “lockstep” with market equities. Hayes expects the Nasdaq 100 […]

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Co-Founder of Bitmex Predicts Gold Rising to $10K, Bitcoin Marching to $1 Million

DIGIT — Fri, 18 Mar 2022 05:30:05 +0000

On March 16, Arthur Hayes, the co-founder of the cryptocurrency exchange Bitmex, published a blog post called “Energy Cancelled,” which describes the economics behind the ongoing Russia-Ukraine war. Hayes explains in his 26-minute long opinion piece that historians may point to February 26, 2022, as the time in history when the “Petro Dollar / Euro […]

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Barrick Gold CEO Says ‘No One Believes in Fiat Currencies Anymore’

DIGIT — Tue, 10 Aug 2021 17:00:10 +0000

The South African businessman and CEO at Barrick Gold Corporation, Mark Bristow, recently explained in an interview that “no one believes in fiat currencies anymore.” Bristow says the world is currently “battling” on how to “position investments on the back of the unforeseen and unrealized damage of how the pandemic crisis was managed.” Mark Bristow: […]

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Carl Watner: The Tragedy of Political Government

DIGIT — Sat, 06 Jun 2020 17:05:04 +0000

“What is tragic about political government?” you might ask. Let us return to that question once we have examined the nature of political government and the State. In order to distinguish between government and other institutions in society we must look at the ways human behavior can be organized and human needs and desires satisfied. […]

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Carl Menger: The Nature and Origin of Money

DIGIT — Sat, 23 May 2020 20:02:24 +0000

In the early stages of trade, when economizing individuals are only slowly awakening to knowledge of the economic gains that can be derived from exploitation of existing exchange opportunities, their attention is, in keeping with the simplicity of all cultural beginnings, directed only to the most obvious of these opportunities. In considering the goods he […]

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The Bitcoin Cash Halving Countdown – 50% Less Block Reward in 4 Days

DIGIT — Sat, 04 Apr 2020 04:20:36 +0000

The Bitcoin Cash (BCH) network will face a halving in four days and many BCH proponents are getting ready for the big day. Unfortunately, the covid-19 outbreak has overshadowed the halving and BCH has dropped in value by roughly 30% since the end of February. Also Read: Bitcoin Halving Will Drop Inflation Rate Lower Than […]

The post The Bitcoin Cash Halving Countdown – 50% Less Block Reward in 4 Days appeared first on Bitcoin News.

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Federal Reserve Considers Creating a Separate Entity for Cash Injections

DIGIT — Wed, 08 Jan 2020 19:30:54 +0000

While American President Donald Trump wages war with Iran, the U.S. Federal Reserve has continued to inject fresh capital into the hands of private banks by giving them $100 billion in overnight and 14-day repos on Tuesday. The same day, Rabobank strategist Philip Marey predicted the central bank will reduce interest rates to zero in […]

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Money and Democracy: Why You Never Get to Vote on the Most Important Part of Society

DIGIT — Wed, 10 Jul 2019 00:00:07 +0000

It’s very odd that citizens never get to vote or have any say in regard to society’s money, even though it’s one of the most important aspects of everyday life. In fact, in developed countries, most central banks are institutions that are privatized from political interference and history explains why. Also Read: IRS Agents Propose […]

The post Money and Democracy: Why You Never Get to Vote on the Most Important Part of Society appeared first on Bitcoin News.

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