The #Future of #Money Pt.1 - #DigitalCurrency / #CBDCs

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grupofielato
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let's start to discuss the Future of Finance!
Today we take a look into the Future of Money and what digital currencies will mean to us.

CDBCs will use a blockchain-based token to represent the digital form of a fiat currency of a particular nation (or region). A CBDC is centralized; it is issued and regulated by the competent monetary authority of the country.

The main difference between e-money and virtual currencies is that e-money does not change the value of the fiat currency (euro, dollar, etc), but virtual currency is not equivalent to any fiat currency. In other words, all digital currency is electronic money, but e-money is not necessarily digital currency.

What are the differences between a digital currency and a cryptocurrency? ... Unlike cryptocurrencies such as Bitcoin and Ethereum, these currencies promise less volatility and greater security. In addition, they will have the support of their respective monetary institutions, responsible for ensuring financial stability.

https://ripple.com/lp/cbdc-whitepaper/
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Crypto Trading
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