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social credit – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Mon, 21 Aug 2023 07:05:07 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png social credit – DIGIT INFO https://www.digit.info 32 32 China proposes to bring its social credit system to the metaverse: Report https://www.digit.info/china-proposes-to-bring-its-social-credit-system-to-the-metaverse-report/ Mon, 21 Aug 2023 07:05:07 +0000 https://www.digit.info/2023/08/21/china-proposes-to-bring-its-social-credit-system-to-the-metaverse-report/

Proposals to a United Nations group reportedly show China wants digital IDs and real-world punishments for actions that occur in the Metaverse.

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]]> ‘I Wanted to Punch Kanye’ — Free Speech Waffler Elon Musk’s Nonsensical Take on Bitcoin, CBDCs, and Censorship https://www.digit.info/i-wanted-to-punch-kanye-free-speech-waffler-elon-musks-nonsensical-take-on-bitcoin-cbdcs-and-censorship/ Mon, 05 Dec 2022 05:00:04 +0000 https://www.digit.info/2022/12/05/i-wanted-to-punch-kanye-free-speech-waffler-elon-musks-nonsensical-take-on-bitcoin-cbdcs-and-censorship/ Read more]]> “Vox Populi, Vox Dei, man.” So says self-proclaimed Chief Twit Elon Musk from a private jet flying high above the world during a Twitter Spaces appearance on Sunday, Dec. 4 (JST). It does sound nice to say, but the voice of the mob should never be the voice of “God.” The reasons are myriad. Suffice […]

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]]> $45,000 Bitcoin looks cheap when compared to gold’s marketcap https://www.digit.info/45000-bitcoin-looks-cheap-when-compared-to-golds-marketcap/ Wed, 02 Mar 2022 23:30:00 +0000 https://www.digit.info/2022/03/02/45000-bitcoin-looks-cheap-when-compared-to-golds-marketcap/

BTC’s market cap is much smaller than gold, but Bitcoin’s daily volume and the amount held under management by funds suggests that the cryptocurrency is trading at a heavy discount.

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]]> Why the Rise of the CBDC Is Bad for Your Privacy https://www.digit.info/why-the-rise-of-the-cbdc-is-bad-for-your-privacy/ Sat, 22 Aug 2020 09:00:10 +0000 https://www.digit.info/2020/08/22/why-the-rise-of-the-cbdc-is-bad-for-your-privacy/ Read more]]>

Like, hate, or fear them, central bank digital currencies (CBDCs) are on their way. There will be no stopping them. From Sweden to Thailand and China to Canada, governments the world over are experimenting with CBDCs. While most are being undertaken as pilots at this stage, China’s is all but ready for primetime. Social Credit […]

The post Why the Rise of the CBDC Is Bad for Your Privacy appeared first on Bitcoin News.

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]]> Crypto Lending Platforms Prepare to Assail the Banking System https://www.digit.info/crypto-lending-platforms-prepare-to-assail-the-banking-system/ Thu, 29 Aug 2019 22:30:38 +0000 https://www.digit.info/2019/08/29/crypto-lending-platforms-prepare-to-assail-the-banking-system/ Read more]]>

Crypto Lending Platforms Prepare their Assault on the Banking SystemThe battle lines have been drawn and the troops assembled. On the one side stands the combined might of the banking cartels, centuries of deeply entrenched financial infrastructure supporting them. And on the other side stands a handful of crypto companies armed with little more than a passionate plea: “Ditch the legacy system and come […]

The post Crypto Lending Platforms Prepare to Assail the Banking System appeared first on Bitcoin News.

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