Bitcoin is no ‘silver bullet’ for money’s ethical problems
Both Bitcoin and fiat currency are often in the firing line over ethical concerns, with a dedicated group of defenders and critics. Go to Source
Future of Money
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‘Godfather of AI’ advises UK government to start UBI
Geoffrey Hinton also warns that advanced AI could pose an existential threat within the next five to twenty years. Go to Source
Future of DAOs limited by lack of regulatory framework: ECB Occasional Paper
Uncertain regulatory conditions continue to have a negative impact on the sustainable growth of the DAO ecosystem, revealed a new European Central Bank occasional paper. Go to Source
BIS General Manager Casts Doubt on Stablecoins, Claiming Tokens Do Not Benefit From Regulations or Central Planning
According to Agustin Carstens, the head of the Bank for International Settlements (BIS), cryptocurrencies have lost the “battle” against fiat currencies issued by the world’s central banks. While speaking at the Monetary Authority of Singapore on Wednesday, Carstens stressed that stablecoins are not reliable because they lack the “institutional arrangements and social conventions behind them.” … Read more
Gangsters, cats and Bitcoin: 9-year-old Henry takes BTC to the classroom
A young Andreas Antonopolous in the making, a nine-year-old in the United Kingdom, tried to orange pill his classroom. Go to Source Powered by WPeMatico
Crypto resonates better with BIS’ vision of ideal monetary system
The report awarded points to the fiat ecosystem for the safety and stability policy while highlighting that “Public oversight has helped achieve safe and robust payment systems.” Go to Source Powered by WPeMatico
From games to piggy banks: Educating the Bitcoin ‘minors’ of the future
The tools, toys and games available to teach kids about sound money and the Bitcoin network — after all, they’re the ones who will use it. Go to Source Powered by WPeMatico
Fitting the bill: US Congress eyes e-cash as an alternative to CBDC
From fiat banknotes to fractional reserve banking, the notion of what constitutes money in the U.S. has changed over time. But is the time right for e-cash? Go to Source Powered by WPeMatico
Robinhood CEO outlines how DOGE could become ‘currency of the internet”
Robinhood CEO Vladimir Tenev took to Twitter to explain how DOGE could become the future currency of the internet just hours after Dogecoin’s creator criticized Elon Musk for his Twitter antics. Go to Source Powered by WPeMatico
Wealth report: As old money procrastinates, young money goes crypto
The development of the cryptocurrency industry could not go unnoticed by the global rich. Where do the ultra-wealthy stand on crypto? Go to Source Powered by WPeMatico
