Crypto Assets Vs Central Bank Digital Currencies episode artwork

EPISODE · Dec 21, 2023 · 1H 33M

Crypto Assets Vs Central Bank Digital Currencies

from Hard Asset Money Show · host Christian Briggs

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 currency through the Bank of International Settlements. Oil is now being paid for and being sold with the Chinese digital yuan. That is some of the precursors for the launch of the United States central bank digital currency, because the U.S. knows that the time the paper dollar has left to maintain its reserve currency status around the world is limited.

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 currency through the Bank of International Settlements. Oil is now being paid for and being sold with the Chinese digital yuan. That is some of the precursors for the launch of the United States central bank digital currency, because the U.S. knows that the time the paper dollar has left to maintain its reserve currency status around the world is limited.

NOW PLAYING

Crypto Assets Vs Central Bank Digital Currencies

0:00 1:33:34

No transcript for this episode yet

We transcribe on demand. Request one and we'll notify you when it's ready — usually under 10 minutes.

MG Show MG Show The MG Show, hosted by Jeffrey Pedersen and Shannon Townsend, is a leading alternative media platform dedicated to uncovering the truth behind today’s most pressing political issues. Launched in 2019, the show has grown exponentially, offering unfiltered insights, comprehensive research, and real-time analysis. With a commitment to independent journalism and factual integrity, the MG Show empowers its audience with knowledge and encourages active participation in the political discourse. Breaking News Show | eTurboNews Juergen Thomas Steinmetz News is relevant to the global travel and tourism industry, human rights and global issues.Breaking news when it happens and only from the source. いろはにマネーの「ながら学習」 IrohaniMoney この番組では、インターン生2人が、金融、経済、投資関連の気になる情報を分かりやすくお伝えしていきます。インターン生の会話を「ながら聴き」する感覚で一緒に勉強していきましょう!ご意見箱フォーム:https://forms.gle/TTGaVP2TJksNMKJo7ぜひお便りや感想をお待ちしています!公式X:https://x.com/irohanimoney番組のハッシュタグは「#いろはにながら」です。番組への感想をお待ちしています!いろはにマネー:https://www.bridge-salon.jp/money/姉妹サイト:https://kabu.bridge-salon.jp/姉妹サイト:https://bridge-salon.jp/(株)インベストメントブリッジ運営 PodQuesting Dwight J Randolph- WolfShield Media PodQuesting: -By WolfShield Media and Dwight J RandolphJoin us on an exciting journey to master the world of fiction podcasting! At PodQuesting, we document our quest to improve and innovate, sharing valuable insights, strategies, and behind-the-scenes tips along the way. Whether you're an experienced podcaster or just starting your first show, our podcast is your go-to resource for everything podcasting.Discover practical advice, creative techniques, and lessons from our own experiences as we explore the ever-evolving podcasting landscape. Ready to level up your skills and embark on this adventure with us? Tune in and join the quest!Have questions or feedback? Reach out to us at [email protected] and visit our website:WolfShield.Media

Frequently Asked Questions

How long is this episode of Hard Asset Money Show?

This episode is 1 hour and 33 minutes long.

When was this Hard Asset Money Show episode published?

This episode was published on December 21, 2023.

What is this episode about?

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...

Can I download this Hard Asset Money Show episode?

Yes, you can download this episode by clicking the download button on the episode player, or subscribe to the podcast in your preferred podcast app for automatic downloads.
URL copied to clipboard!