CryptoCoin ☑️May 3, 2021

Cryptos Are a Threat to Central Banks. Why It Goes Beyond Bitcoin.

https://www.barrons.com/articles/cryptocurrency-is-threatening-the-role-of-central-banks-why-governments-must-go-crypto-51619814196

"Central banks are looking at stablecoins the way that taxi unions look at Uber—as an interloper and threat."

"If people aren’t using your money, you have a big problem."

"Central banks have to be part of this game."

#bitcoin  #CBDC #CentralBankDigitalCurrency #Stablecoin #DCEP #DigitalCurrencyElectronicPayment #China #US #USA #UnitedStates #USD #FederalReserve #CentralBank #Privacy #Barrons

Cryptocurrency Is Threatening the Role of Central Banks. Why Governments Must Go Crypto.

The rise of stablecoins as cryptocurrency is a bigger threat to established, government-backed currency than Bitcoin. Some of the biggest economies are pushing back, including China and the Fed. What to expect.