Could digital currencies put banks out of business? | The Economist



Cryptocurrencies like Bitcoin have been billed as a major disruptor to finance. But digital currencies issued by governments might …

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14 thoughts on “Could digital currencies put banks out of business? | The Economist”

  1. Wealth is Very Important ….. Don't Be a Fool . Do Not Allow yourself and your funds to be Tracked

    .Digital Money on a Ledger is dystopian, draconian, disturbing digital Slavery .

    BTC has always been literally worthless. tech nerds HATE it. the blockchain is just a huge linked list.

    no practical application at all, not even for money laundering

    PGP codes associated with the "wallets" were the only anonymization technology in use at all. once FBI

    can prove a specific wallet is associated with a specific user that's a conviction

    BTC and all Crypto must be made illegal , 0nly Gold and Silver are Money , Digital Money has to Die No

    effing Reason to exist , we have Western Union and Travelers checks for travel , Don't want my

    Grandkids stuck with Fedcoin , Like China

    The Queen has 0ver 5000 Years of Wealth , and None of it is on a Public Ledger .

    Silver , A Gift from the sky,,, Buy Buy Buy Physical, Any fiat left Repeat, They cant print Silver

    /Gold , Gold and silver are wealth. Not speculation

    Over 5000 years the Rulers have collected Gold , Silver and paintings and they want you to be Happy

    about Digital Money . He he he he

    Central banks hold physical gold as reserves, ie money. If gold wasn’t money, they wouldn’t hold it.

    Do you want to be the reason your grandkids get Killed by Digital Programmable Money ?

    Digital Programmable Money . CBDC's like China , Everything like China for your descendants .your fault
    Digital Money is a threat to Mankind , The End Result is we die leaving the children with their Doom

    and Demise ,, Everything Mandatory digital Fedcoin , like China , It should not be legal .
    Digital Money , That is Pure Slavery.

    Satoshi Nakamoto Means your Death , Your wealth is at the Whim of Others Blockchain was Made to Keep

    the Wealthy

    holding Wealth and The Undereducated Broke

    Do you want to be the reason your grandkids get Killed by Digital Programmable Money ?

    Digital Programmable Money . CBDC's like China , Everything like China for your descendants .your fault
    Digital Money on a Ledger is dystopian, draconian, disturbing digital slavery.If you care about any

    other issue more than this, it won't matter, because you'll succumb to everything.

  2. Knowing Wuhan Virus was coming I called my bank to change risk tolerance of my portfolio. Nice chap from India was impossible to understand, 45 minutes of qualifying questions he asked me the last one, "are You ready to change your portfolio to lower risk?" I must have heard him wrong. I said, "no" immediately. He didn't ask anything else. That was it. 2 weeks later Wuhan arrived. 2 months later mkt went from 29000 to 21000. Wife told me we lost 1/3 of our retirement. First time I felt smart and secure, "don't worry, I changed our portfolio, paper pushing error, I will take it off the floor for now until they fix it." Took over a year to deny my claim. M8ssed the V-shape rebound. Now still off the floor. I can't get out of bed for 2 years. Wife took on 2 part time jobs on top of her full time. Each time I look at her I can't stop my tears.

  3. It is clear BTC has proved it's use case during this uncertain times. We need more experts like Mr Ryan Donald, who educate people on the evolution of the market so
    people avoid common mistakes. so they don’t walk out of the market feeling frustrated! Keep up the great work! Raised over 24.6 BTC when I started at 2.3 BTC in just few
    weeks implementing Ryan Donald daily trading signals and tips.

  4. Great video….. Let me talk about something important, I see that many young and old people make mistakes that I think they shouldnt make. I believe that everyone should have an investment plan that will increase their financial return from three figures to six figures. The investment can be your retirement plan or future plan depending on what you want, but the most important thing is that you have an inve$tment that is profitable!!!

  5. That's a lie they killed black people who was running Turtle Island aka USA who currency was gold at the time after the over thru us the changed mainly gold to promisery note so we bout to go thru and other great depression just watch

  6. Being successful don' t happen by magic Success is dependent on the action or steps you take to achieve it. Show me a man who doesn't have an investment and I will tell you how soon he'll go broke Investment is building a safe haven for the future: with the right choice of investment that has at least 1% minimum risk and with an Expert guidance, profit and interest should be 700 guaranteed.

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