#Palestine: Al-Shabaka sat down with policy analysts Tariq Dana and Ibrahim Shikaki to debate the utility and viability of using digital and cryptocurrencies in the Palestinian context. ▻https://bit.ly/3NJ20cO
#Economics #cryptocurrencies
#Palestine: Al-Shabaka sat down with policy analysts Tariq Dana and Ibrahim Shikaki to debate the utility and viability of using digital and cryptocurrencies in the Palestinian context. ▻https://bit.ly/3NJ20cO
Biden is planning a new digital currency. Here’s why you should be ...
▻https://diasp.eu/p/14315479
Biden is planning a new digital currency. Here’s why you should be very worried
March 26, 2022
▻https://thehill.com/opinion/finance/599768-biden-is-planning-a-new-digital-currency-heres-why-you-should-be-ver
[...]
The order further directs the Treasury Department, Office of the Attorney General and Federal Reserve to work together to produce a “legislative proposal” to create a digital currency within 210 days, about seven months.
A #digital_dollar would not merely be a digital version of the existing U.S. #dollar, but rather an entirely new currency that would, at least at first, exist alongside today’s currency. Similar to cash, the CBDC would be used to pay for goods and services and would likely be managed by the Federal Reserve, the central bank of the United States.
Unlike (...)
(...) Unlike the current dollar, though, a central bank #digital_currency would not exist in physical form, meaning you wouldn’t be able to go to a bank or ATM and withdraw it.
It is important to understand that the digital dollar would not be similar to cryptocurrencies like bitcoin. #Cryptocurrencies operate on blockchain technology, which is decentralized by design. No group or individual can truly control cryptocurrencies once they are launched.
Digital dollars, on the other hand, would be #traceable and #programmable. The #Federal_Reserve (or some other designated entity) would have the ability to create more digital dollars whenever it sees fit, and, depending on how the legislation is written setting up the #currency, the dollars could be formulated to have various rules and restrictions built into their design.
[…]
“Il n’y a pas besoin d’être un banquier pour créer de l’argent” | Stanislas Jourdan
►http://owni.fr/2011/06/16/pas-besoin-detre-un-banquier-pour-creer-de-largent
Étienne Hayem (aka @zoupic) blogue sur le sujet des #monnaies alternatives depuis plusieurs années déjà. Il nous livre son point de vue sur la dernière lubie des geeks, Bitcoin.
#Economie #ITW #Pouvoirs #bitcoin #création_monétaire #cryptocurrencies #monnaies_complémentaires #monnaies_libres