Dont Be Fooled by eCash
from nealmcspadden 3Speak Podcast Hosted by nealmcspadden
Governments and monetary authorities are terrified by Libra and crypto in general. But don't be fooled by e-this and e-that. We *already* have digital money. 88.4% of USD are just digital entries in databases. What makes crypto actually crypto is the blockchain tied to digital money. Do not accept fake substitutes! Reference article: https://cointelegraph.com/news/swedens-central-bank-to-partner-with-accenture-to-launch-e-krona M2 definition: https://www.investopedia.com/terms/m/m2.asp M2 chart: https://fred.stlouisfed.org/series/M2 Currency in print: https://www.federalreserve.gov/faqs/currency_12773.htm
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