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Title: The Circle Is Complete: BOJ Joins Fed And ECB In Preparing Rollout Of Digital Currency
Source: [None]
URL Source: https://www.zerohedge.com/markets/c ... aring-rollout-digital-currency
Published: Oct 9, 2020
Author: Tyler Durden
Post Date: 2020-10-09 21:31:30 by Horse
Keywords: None
Views: 294
Comments: 18

Bond giant DoubleLine has called digital currencies a "Pandora's Box" that will ignite an "inflationary conflagration" and it now appears that the entire world will be part of this effort.

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Begin Trace Mode for Comment # 14.

#12. To: Horse (#0)

Finally, why are central banks using blockchain as the backbone for all digital currency efforts? It has nothing to do with their fascination with bitcoin, or their fear that cryptocurrencies can become dominant (although there certainly is an element of that). The real reason is that blockchain allows every single discrete currency unit, whether it is the digital dollar, digital euro, digital yen or digital yuan, to be tracked from its digital inception, through every single transaction, and to which wallet it can be found in at any given moment. In short, blockchain-based digital currencies will allow central banks to have a real-time map of absolutely every monetary unit in circulation, and every single economic transaction, something they can't do with trillions in anonymous paper money still sloshing around . . .

Me oh my. Surprise, surprise.

Some free market eggheads have given the gov't./institutional fatheads a great idea.

Goodbye (any vistigial) economic anonymity.

randge  posted on  2020-10-10   16:09:18 ET  Reply   Untrace   Trace   Private Reply  

The probability that BTC was designed and launched by Rothschild-Rockefeller-Soros Agents, LTD is high.

Screen Name  posted on  2020-10-10   18:11:46 ET  Reply   Untrace   Trace   Private Reply  

#15. To: Screen Name (#14)

The probability that BTC was designed and launched by Rothschild-Rockefeller-Soros Agents, LTD is high.

It is easy to say that, but the proof of its origin is on Wikipedia. ;)

BTP Holdings  posted on  2020-10-10 19:21:51 ET  Reply   Untrace   Trace   Private Reply  

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