๐ฒ Insider Data in my Socials ๐
๐ Get The Hottest Crypto Offers ๐
๐ “Bitcoin Phantasm” Shirt ๐
๐ฅ TOP Crypto TIPS In My Publication ๐
~~~~~
๐บImportant Movies๐บ
CBDCs vs. Cryptocurrencies ๐
Kakao Klaytn Cryptocurrency ๐
Newest Ethereum Updates ๐
Fiat Ponzi Scheme ๐
Algorand Defined ๐
China Crypto Crackdown ๐
~~~~~
– TIMESTAMPS –
0:00 Intro
1:39 What Are CBDCs?
4:55 Turkey
5:29 Ukraine
6:28 South Korea
7:55 Israel
9:12 Europe (Euro Zone)
10:35 United States
12:33 China
14:18 Conclusion
~~~~~
โ๏ธ ๐ Helpful Hyperlinks ๐ โ๏ธ
Sherblock Holmes Analysis:
โบ PriceWaterhouseCoopers CBDC Report:
โบ Bison Trails CBDC Report:
โบ Turkey Exams Digital Lira:
โบ Ukraine And Stellar:
โบ Consensys And Klaytn For South Korea:
โบ Israel And Ethereum:
โบ European Union And Ethereum:
โบ FED To Take a look at Digital Foreign money:
โบ How Chinaโs Digital Yuan Works:
~~~~~
๐จโ๐ซWhat Are CBDCs?๐จโ๐ซ
CBDC is brief for central financial institution digital forex, or as I wish to name it, the last word shitcoin. It’s because CBDCs are simply digital fiat currencies which are issued and managed by a rusticโs central financial institution
๐ฆTurkey๐ฆ
Turkey has been planning a digital Lira since 2019, and they need to have begun testing their CBDC within the first half of this 12 months. Nevertheless, no information has come out about that but. It is usually not recognized which blockchain Turkey will select for its CBDC.
โจUkraine & Stellarโจ
The Ukranian authorities introduced earlier this 12 months that it had partnered with the Stellar Basis to develop their CBDC, although it seems they won’t be deploying it on Stellarโs public blockchain
๐ซSouth Korea & Klaytn๐ซ
The Financial institution of Korea not too long ago introduced that theyโre formally searching for a tech firm to assist them take a look at their CBDC this summer time
The prime candidate appears to be Klaytn, an enterprise-oriented clone of Ethereum that not too long ago teamed up with Consensys to create a permissioned model of their blockchain for South Koreaโs CBDC trials
๐คIsrael & Ethereum๐ค
In Could this 12 months the Financial institution of Israel out of the blue revealed its definitive plans to subject a CBDC. It solely took a month for them to start testing their tech, and it looks like theyโve chosen Ethereum as their blockchain of selection
๐ถ Europe & Ethereum๐ถ
The European Union can also be seeking to develop a digital Euro. It is a current improvement provided that the European Central Financial institution solely jumped on the CBDC bandwagon late final fall
It appears that evidently Europeโs Central Financial institution has been taking notes of CBDC developments elsewhere, as a result of theyโve already begun testing their CBDC know-how on Ethereum, not less than in accordance with French officers
๐United States & Algorand๐
Early 2020 is when the FED actually began to place CBDCs on their listing of priorities. A number of digital greenback pilots are already underway by non-public corporations
The actual query is which cryptocurrency blockchain the US may faucet for its CBDC, and the proof factors to Algorand
๐งงChina๐งง
Chinaโs personal motivation for making a digital yuan stems from the dominance of the tech giants inside its personal nation which have successfully taken over the funds business
Based on Reuters, Chinaโs digital yuan doesn’t use a blockchain, which begs the query of whether or not it counts as a central financial institution digital forex
~~~~~
๐ Disclaimer ๐
The data contained herein is for informational functions solely. Nothing herein shall be construed to be monetary authorized or tax recommendation. The content material of this video is solely the opinions of the speaker who just isn’t a licensed monetary advisor or registered funding advisor. Buying and selling cryptocurrencies poses appreciable threat of loss. The speaker doesn’t assure any specific end result.
#Crypto #CBDC #Cardano #Ethereum #Stellar #ECB #FED
Source: Coin Bureau
43 Responses
What do you thin about CBDCs guys? Keen to hear. Don't forget to follow me on my other social channels as I share some content and upcoming videos there: ๐ https://guy.coinbureau.com/socials/
Fiat is trash ๐ฅ
The idiocy in this comment section and video are astounding
Have you heard of the Guy that cried wolf?
WHEN ALGO GOES, WE ALGO!!! ๐
great video. def hope that was a joke about one more bull run
Good video till you came out with the ridiculous statement that 'banks will have no choice but to adopt Bitcoin to stay relevant!'
Quant and hbar will be the main ones.
CBDC need not be fiat if back by gold and asset of value, govt bonds with proper asset backing.
Paper money like USD is fiat
Bitcoin a scam
Guy: CBDC is in short a sh*tcoin ๐ฉ lol the shadeee
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your video is small but
it feels very big
you can attach a little joy to your video๐๐๐
The crypto that could benefit the most is AMP. Flexa is already integrating digital yuan.
I guess I should be buying more Ada ๐ค off to atomicwallet
CalceM
Thanks for the help CalceM. Iโm so grateful!!
Investing with CalceM is superb for anyone who is interested!
CalceM is amazing.
CalceM
Please anyone know where I can reach out to CalceM please๐ฅบ?
I heard about CalceM he is crypto expert ; anyone know where I can contact him? I want to invest.
When are you going to talk about $HEX?? Are you a Binance paid agent? How you omitted the 3rd Largest market cap of the whole crypto space???
Wait. An insured, totally legit stable coin? This is something bad? Seems like an improvement over a Tether house of cards.
Lanceria is a new start-up crypto powered by IBM.
The second project after Stellar
You can find more on CMC , Pancakeswap, Bit Mart.
This crypto has a huge potential
Keep in mind Lanceria!
Check out UNCLE token – on uniswap – only 1m supply…. super low marketcap
CBD Coin THCoin
Solana SOL is the future people ๐ช๐ช buy HODL and stake for lifetime
Only if you want to sleep with taxman or woman.
You can build CBDCโs on the XinFin network and leverage the Corda platform https://youtu.be/PtOllIcQwV8
Hi Guy, your channel rocks. But please get some rest, unless you were just sweating from a hot day.. I'd follow your channel with less videos also. It doesn't have to be a youtube grind, your info is that good!
You donโt think xrp will benefit?
why dont you talk about Tezos anymore???
Toooo many fakes fronts and ego
Real humans win nowadays
Bitboy is no longer the biggest crypto channel on the net. Congratulations Coin Bureau! Great content, as always.
$algo!!!!
Say it… say the word XRP… You can do it
Quant Xrp stellar & algorand for CBDCs DYOR ๐
HBAR is the clear front runner for CBDCs and there is no mention of the project in this video. Thinly researched video for such a glaring omission in my opinion. For a channel with this many subscribers, I am pretty disappointed.
Algorand. Would love to hear a price prediction if the fed reserve picks it.
Can somebody explain me where there should be a benefit of using a cbdc? Like he explained it if it was just trash, not centralized, government can still print money and so on
xrp.
"..that means we might squeeze in one more bull market before they shut it all down.." Laughing so hard I almost shit in my bathtub.. Thank you so much, I haven't had such a good laught for a long time. Cheers!