Get Even More Visitors To Your Blog, Upgrade To A Business Listing >>

Technical analysis of BTC/USD for 14/02/2019:

Crypto Industry News:Bitcoin would benefit from global Central Banks issuing their own cryptocurrencies, says the founder of the world's largest Digital asset manager.Barry Silbert, founder and CEO of Grayscale Investments and venture capital companies Blockchain Digital Currency Group (DCG), has again expressed his position on Bitcoin.Silbert spoke about many important issues related to digital assets, including the role of Bitcoin in the generational change of wealth, stablecoins, decentralized financing and central bank digital currencies (CBDC).CBDC are virtual currencies issued and controlled by a federal regulatory authority. Unlike cryptocurrencies such as Bitcoin, CBDC apparently represents fiat currency in digital form. Although no global jurisdiction has yet launched CBDC, many governments are increasingly researching and building such projects, with China reportedly preparing to release the first true CBDC test.According to a new study by the Bank for International Settlements, at least 10% of central banks are likely to spend CBDC for the general public in a short time.Silbert, who claims to have bought his first Bitcoin in 2012, which is about three years after the creation of the first block on Bitcoin Blockchain, argued that central banks that develop their own fiduciary digital currencies can provide more power for Bitcoin. According to Grayscale...

Source



This post first appeared on Forex Anxiety | Inastant Forex Income, please read the originial post: here

Share the post

Technical analysis of BTC/USD for 14/02/2019:

×

Subscribe to Forex Anxiety | Inastant Forex Income

Get updates delivered right to your inbox!

Thank you for your subscription

×