🔅 Here is a comparatively chart between USDT/USD & BTC/USD on #Bittrex. As you can see these small variations are quite common, so don't panic for now.
👉🏻 That said, Central Banks have in mind a very specific strategy to launch their CBDCs* including discrediting Stablecoins:
▫️Force a drop in #Crypto prices
▫️Force an exit from #StableCoins (bearish sentiment)
▫️Blow up #Stablecoins
▫️Taxing #CBDCs
💛 But no matter how hard they try, they will fail as confidence in the current economic model is collapsing everywhere, the bubbles are deflating... and many of us have realized that if we hold onto our Cryptos for few years, their values will be more stable than their #CBDCs in dollars and euros.
*A Central Bank Digital Currency is a digital currency issued by a central bank. They like to make an amalgam with $BTC & the majority of cryptos to make people confuse, but their centralized #CBDCs are the complete opposite of what Satoshi created a completely decentralized blockchain for!
👉🏻 That said, Central Banks have in mind a very specific strategy to launch their CBDCs* including discrediting Stablecoins:
▫️Force a drop in #Crypto prices
▫️Force an exit from #StableCoins (bearish sentiment)
▫️Blow up #Stablecoins
▫️Taxing #CBDCs
💛 But no matter how hard they try, they will fail as confidence in the current economic model is collapsing everywhere, the bubbles are deflating... and many of us have realized that if we hold onto our Cryptos for few years, their values will be more stable than their #CBDCs in dollars and euros.
*A Central Bank Digital Currency is a digital currency issued by a central bank. They like to make an amalgam with $BTC & the majority of cryptos to make people confuse, but their centralized #CBDCs are the complete opposite of what Satoshi created a completely decentralized blockchain for!
✅ Many governments are creating and deploying Central Bank Digital Currency projects. Here is a website that tracks all the #CBDCs launching globally. https://cbdctracker.org
👉 Although central banks like to conflate (amalgam) their digital currencies with #cryptocurrencies and blockchain technology, only to cloud people's judgment because #CBDCs ARE NOT #CRYPTOs.
👉 #CBDCs are controlled by a central bank, while cryptocurrencies are almost always decentralized, meaning they cannot be regulated by a single authority.
👉 The #CBDC is just a digital money (or digital form of a country's fiat currency) instead of being a physical note, with the goal of eradicating cash.
👉 Although central banks like to conflate (amalgam) their digital currencies with #cryptocurrencies and blockchain technology, only to cloud people's judgment because #CBDCs ARE NOT #CRYPTOs.
👉 #CBDCs are controlled by a central bank, while cryptocurrencies are almost always decentralized, meaning they cannot be regulated by a single authority.
👉 The #CBDC is just a digital money (or digital form of a country's fiat currency) instead of being a physical note, with the goal of eradicating cash.
Central Bank Digital Currency (CBDC) Tracker
Central Bank Digital Currencies are a new form of electronic money that, unlike well-known cryptocurrencies, are issued by central banks of certain countries. CBDC Tracker is an information resource for CBDC with news, updates and technology information.
✅ #XRP in the US Banking System? Certainly not and here is the reason 👇
🔅If in future blockchain technology were to be integrated into the #FedNow ecosystem as an additional service solution, it would most likely be #Cypherium which is the only blockchain company featured in FedNow's Service Provider Showcase, and listed for its advanced knowledge of blockchain interoperability, as well as #CBDCs that could help the #Fed implement its future dollar digital currency. $CPH #CPHUSD
@AlainBKK 19-Mar-2023
🔅If in future blockchain technology were to be integrated into the #FedNow ecosystem as an additional service solution, it would most likely be #Cypherium which is the only blockchain company featured in FedNow's Service Provider Showcase, and listed for its advanced knowledge of blockchain interoperability, as well as #CBDCs that could help the #Fed implement its future dollar digital currency. $CPH #CPHUSD
@AlainBKK 19-Mar-2023