The ECB is wrong about Bitcoin: It’s central banks that are unfair
The central bankers are the ones printing money and making everyone poorer via inflation. Bitcoin is the solution, not the problem. Go to Source
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The central bankers are the ones printing money and making everyone poorer via inflation. Bitcoin is the solution, not the problem. Go to Source
Since its introduction in 1999, the euro has lost approximately 85% of its value against gold due to monetary inflation. Go to Source
European Central Bank executive board member Piero Cipollone would like to see a sort of European union for digital assets. Go to Source
Boerse Stuttgart Group (BSG) successfully tested blockchain-based securities settlement, reducing transaction time from two days to minutes. The tests, part of the European Central Bank’s (ECB) explorations, demonstrated significant progress in digital capital markets. German banking giants participated, with Commerzbank and Deutsche Bank among them. BSG’s Matthias Voelkel, highlighted blockchain’s potential as a game changer … Read more
Bitmex co-founder Arthur Hayes is optimistic about bitcoin’s future, citing recent interest rate cuts by central banks. He believes further rate cuts by the U.S. Federal Reserve, Bank of England, and European Central Bank could expand the money supply and drive inflation. Hayes argues that while inflation may negatively impact some businesses, it would benefit … Read more
While the European Central Bank is studying the possible issuance of a Europe-wide CBDC, the digital euro, not all Europeans are fully behind this idea. Germany is particularly concerned about the privacy aspects of this implementation, as most transactions and payments are still made using cash, and citizens are reluctant to share their personal information. … Read more
Skepticism about the digital euro is strong in Germany, especially among older citizens who prioritize privacy and security in financial transactions. Many Germans remain resistant to the idea of a digital currency, with about half unable to imagine using it. Bundesbank President Joachim Nagel has called cash “sacred” in Germany, reflecting deep-rooted concerns about losing … Read more
The trial was part of an initiative set up by the European Central Bank to identify how blockchains can facilitate central bank money settlement. Go to Source
The central bank has been experimenting with multiparty computation, which could support the entire European economy in the future. Go to Source
The European Central Bank (ECB) has published its first progress report on the digital euro preparation phase, highlighting key design features and ongoing developments. The report emphasizes high privacy standards for both online and offline payments, aiming to provide users with a cash-like level of privacy. First Progress Report on the Digital Euro Preparation Phase … Read more