Future of Money | Crypto Profit Bot

Crypto resonates better with BIS’ vision of ideal monetary system

June 22, 2022

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The report awarded points to the fiat ecosystem for the safety and stability policy while highlighting that “Public oversight has helped achieve safe and robust payment systems.” 385 Total views 6 Total shares In its continued efforts to identify the ideal future monetary system, The Bank of International Settlements (BIS) revealed the edge of the […]

From games to piggy banks: Educating the Bitcoin ‘minors’ of the future

June 19, 2022

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The crypto winter is here. It’s a trying time as prices grind down, but it’s the best moment to build and learn. For some Bitcoiners, the bear market is a time to plant trees or create memes. For those with kids, it’s a welcome recess used to broaden the minds’ of Bitcoin (BTC) minors. Cointelegraph spoke […]

Robinhood CEO outlines how DOGE could become ‘currency of the internet’

April 15, 2022

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Robinhood CEO Vladimir Tenev took to Twitter to explain how DOGE could become the future currency of the internet just hours after Dogecoin’s creator criticized Elon Musk for his Twitter antics. 1307 Total views 26 Total shares Robinhood CEO Vladimir Tenev took to Twitter on Thursday afternoon to explain how Dogecoin could become the “future […]

BIS general manager: Central banks generate trust, not big techs or “anonymous ledgers”

January 19, 2022

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According to the boss of the international institution owned by central banks, it is central banks that are best positioned to shape the future of money. 147 Total views 1 Total shares

Money in 2030: A future where DeFi and CBDCs can work together

October 3, 2021

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Decentralized finance (DeFi) is changing the way that people all over the world think about money faster than any previous financial revolution. Banks, which have monopolized the way we’ve accessed money since antiquity, are finally seeing their status being challenged. Now, it’s DeFi which is starting to provide an alternative that could turn the economic […]

Crypto is the next step toward a cashless society

June 13, 2021

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From QR code payments to mobile banking apps, consumers worldwide are increasingly reliant on digital payment solutions, especially as mobile technology becomes more ubiquitous. Government-led efforts in driving cashless economies have been a key factor, with countries such as Singapore or the Philippines seeing their central banks driving the adoption of contactless payments during the […]

Bitcoin likely won’t entirely replace current financial system, Coin Center director says

May 28, 2021

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Bitcoin may not cause the current monetary and financial system to go extinct, though its usage will likely vary depending on one’s location. 7020 Total views 8 Total shares Bitcoin may not mean an end to traditional currency and banking, according to research director of Coin Center Peter Van Valkenburgh “I think there are folks […]

Mass adoption of blockchain tech is possible, and education is the key

May 2, 2021

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Blockchain technology is one of the most promising technologies of our times, and the core concept of it is really simple. Essentially, it is a public ledger or database, and I think that public education about what blockchain actually is can be the key to its mass adoption. Lack of knowledge and perception from the […]

The new digital, decentralized economy needs academic validation

May 1, 2021

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It is a pivotal moment in the development of the new digital economy. Interest in all things crypto keeps growing exponentially, and investment follows closely. There has arguably never been so much money poured into a product class that was so poorly understood, both by the wider public and by most investors. In lieu of […]

Decentralized finance may be the future, but education is still lacking

March 7, 2021

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Engaging in the traditional financial markets has become less appealing to consumers and institutional investors as of late. New opportunities are plentiful, with decentralized finance getting a lot of attention. However, that new movement is not without its risks and flaws, either. For decades, consumers and institutional investors have explored the many different options presented […]

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Category: Future of Money