For more than a year, the Federal Reserve has been talking about a forthcoming paper on central bank digital currencies in the U.S. Now that the paper has finally been released, NLW walks us step by step through the Fed’s thinking and shares the initial commentary from the crypto community and Washington, D.C. Source link … [Read more...] about The Federal Reserve Shares Its Thinking About a US CBDC
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German bank that went nearly bankrupt in 2019 says Bitcoin is ‘wishful thinking’
Last week’s crypto market meltdown has proved yet again that “the value of Bitcoin is entirely based on wishful thinking,” according to a research note recently published by Deutsche Bank analysts.Bitcoin, trendy or tacky?In the paper, titled “Bitcoin: Trendy is the Last Stage Before Tacky,” the bank’s experts compared cryptocurrencies to fleeting fashion trends and pointed out … [Read more...] about German bank that went nearly bankrupt in 2019 says Bitcoin is ‘wishful thinking’