Digital Currency Beyond the Hype: CBDC

Authors

  • Langqi Jin Mr.

Keywords:

CBDC, Digital CUrrencies, Fintech, Central Bank, Digital Euro, Digital RMB, Cryptocurrencies

Abstract

This article is a general introduction to Digital Currencies with the focus on CBDCs. It will expore questions such as how digital currencies are generating vast amounts of social engagement and its potential impact on the traditional financial system. The article also include quantifed predictions made by the author.   

References

Bloomberg, “venture Capital Makes a Record $17 Billion Bet on Crypto World” 18 June 2021

https://economictimes.indiatimes.com/tech/technology/venture-capital-makes-a-record-17-billion-bet-on-crypto-world/articleshow/83664252.cms

UBS global research, BankTech Bulletin #7 Central Bank Digital Currencies: Where geopolitics, monetary policy, digital dealings and banks intersect 14 June 2021

CNBC, “why the Fed hates cryptocurrencies and especially stablecoins” 16 Jul 2021

https://www.cnbc.com/2021/07/16/jerome-powell-promotes-cbdc-digital-dollar-warns-against-stablecoins.html

FT "Tether says its reserves are backed by cash to the tune of . . . 2.9%". Archived from the original on 16 May 2021. Retrieved 16 May 2021.

https://www.ft.com/content/529eb4e6-796a-4e81-8064-5967bbe3b4d9

Defipulse, "Exclusive: DeFi Year in Review by DappRadar", The Defiant (December 28, 2020), https://thedefiant.substack.com/p/exclusive-defi-year-in-review-by 1f2.

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Published

2023-02-20