Monetary Transformation-Central Bank Digital Currencies (CBDC)
The value of Bitcoins and NFTs may have fallen over the past year, but a different approach to cryptocurrency is growing in popularity around the world while showcasing a totally different face of the blockchain.
As Statista's Katharina Buchholz details below, central bank digital currencies are controlled by governments like traditional currencies are and therefore represent the polar opposite of the idea of decentralized, non-traceable bitcoins.
Several small nations and - as of October 2021, Nigeria - have launched central bank digital currencies, and several more populous countries are getting ready to jump aboard a different crypto hype train…
https://nexusnewsfeed.com/article/geopol...cies-cbdc/
The value of Bitcoins and NFTs may have fallen over the past year, but a different approach to cryptocurrency is growing in popularity around the world while showcasing a totally different face of the blockchain.
As Statista's Katharina Buchholz details below, central bank digital currencies are controlled by governments like traditional currencies are and therefore represent the polar opposite of the idea of decentralized, non-traceable bitcoins.
Several small nations and - as of October 2021, Nigeria - have launched central bank digital currencies, and several more populous countries are getting ready to jump aboard a different crypto hype train…
https://nexusnewsfeed.com/article/geopol...cies-cbdc/