The Capital
Published in

The Capital

Digital currencies are coming, but why?

This is a key theme in Digital Bytes frequently being asked about by readers. Digital currencies have the potential to offer governments a new tool with which to control their economies, help to engage with the unbanked/financially excluded as well as offering the ability of faster and cheaper payments for corporations and individuals.

The Chinese are continuing to roll out their own Central Bank Digital Currency (CBDC). They are once again giving away money, but it can only be spent in those shops determined by the government and with the stipulation to be used…

--

--

--

A publishing platform for professionals in business, finance, and tech

Recommended from Medium

The Ultimate List of Etherparty Media Posts

XT.COM Announcement on Launching KRIPTO(Kripto Koin)

Institutionals See Growing Demand for Bitcoin

Initial Coin Offerings (ICO)a new asset class in the making?

Introducing DIVER Pre-Staking

🔥[ProBit Exclusive] FTM at 50% Discount

IOST Bi-Weekly Report | Roadmap, Mainnet Upgrade, Hackathon, Staking & Community Events & Much More!

The Smash and Grab “Rug Pull” of Solana

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Jonny Fry

Jonny Fry

#DigitalAssets#Tokens #ChairmanGemini #Fintech #Blockchain #Assetmanager #Speaker #DigitalBytes #Economics @Teamblockchain Twitter:@jonnyfry175

More from Medium

Solving the ORACLE p­roblem via crypto anchors

The Truth and blockchain

Is Crypto a Ponzi Scheme?

What is Enhanced Dollar Cost Averaging and How Can it Improve Returns?