Latest / On The Record with Christian Briggs
Crypto Assets Vs Central Bank Digital Currencies
What is the difference between a crypto asset and a central bank digital currency asset? What is the difference between a blockchain distributed digital ledger and a centralized digital ledger? With a central bank digital currency, the Federal Reserve has control over CBDCs. If it is a decentralized crypto asset like Bitcoin, the government doesn’t have control over it, and they don’t like it. By not having control, they can’t impose a social credit system like China has.
Digital currencies are floating around in various countries, and they will be consolidated into a one world central…
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