BIS: 9 out of 10 Central Banks Worldwide Are Exploring Digital Currencies — Driven by Crypto Market – Featured Bitcoin News

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The emergence of cryptocurrencies has accelerated the work on central bank digitalcurrencies. crypto cryptocurrency

BIS: 9 out of 10 Central Banks Worldwide Are Exploring Digital Currencies — Driven by Crypto Market

The BIS CBDC survey was conducted in autumn 2021 with the participation of 81 central banks. The report describes: The authors explained that both the Covid-19 pandemic and “the emergence of stablecoins and other cryptocurrencies have accelerated the work on CBDCs.” This is especially true in “advanced economies, where central banks say that financial stability has increased in importance as a motivation for their CBDC involvement,” they added.

 

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The future is digital and its here sooner than you think. Its not about the brands but rather the technology. The space is so new there are not very many sustainable companies… just goes to show how young this industry is

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The future does not look bright for those of us who value individual freedom and personal privacy. However, Bitcoin is a bright, shining star that gives us hope when faced with governments that are growing even more intrusive and dictatorial. China seems to be the model.

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