Give Me Bitcoin Over Central Bank Digital Currencies Any Day of the Week.
Description: #bankofengland #cryptocurrencies #CBDC #BIS #bitpound #fiatcurrency #soundmoney #gold #bitcoin #blockchain #centralbanking #markets #ECB
Recently there has been a lot of coverage about how the major central banks of the world along with institutions like the IMF and the BIS are keen to create their own digital currencies in order to compete with bitcoin and other cryptocurrencies.
Today we will look at why people who believe in the underlying qualities of bitcoin and other cryptos should not fall for the trap that Central Bank digital currencies or CBDCs are an alternative.
"The Bank of England should create a "Bitpound" digital currency and take the world by storm": https://moneyweek.com/investments/alternative-finance/bitcoin/602146/the-bank-of-england-should-create-a-bitpound-digital
TRUTH, with Robert F. Kennedy Jr., Season 2, Episode 8 featuring David E. Martin: https://www.youtube.com/watch?v=fvnP1BSGH34&feature=youtu.be
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