Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Stable Coins Forum => Topic started by: sirty143 on May 29, 2020, 08:41:13 AM

Title: IMF Official Says Public-Private CBDC Offers Best of Both Worlds
Post by: sirty143 on May 29, 2020, 08:41:13 AM

IMF Official Says Public-Private CBDC Offers Best of Both Worlds

(https://i.imgur.com/FPrdSf6l.jpg)

IMF expert says a synthetic CBDC is gaining popularity and will drive more innovation. See more for yourself here (https://cointelegraph.com/news/imf-official-says-public-private-cbdc-offers-best-of-both-worlds).

Your opinion is greatly appreciated.

Title: Re: IMF Official Says Public-Private CBDC Offers Best of Both Worlds
Post by: aiviaa485 on June 12, 2020, 08:39:39 AM

I'm not sure about this news because because the IMF and cryptocurrency are quite different, because the IMF is a centralized financial system.
Then this article also takes the name of a platform called CBDC and I don't know yet whether it is SBDC?

Then this is also a forum for DOGE coins, why is this article posted on this forum?
Maybe it's better to send it in the "News and Related cryptocurrency" section. Cmiiw

Title: Re: IMF Official Says Public-Private CBDC Offers Best of Both Worlds
Post by: Fenix on June 19, 2020, 08:18:04 AM

In fact, such a model for creating national stable coins of states has already been launched by the Chinese government. There such a stable coin, that is, a digitalized yuan, is issued by the central bank, and all types of commercial banks and other financial institutions are involved in its testing and distribution. In my opinion, this is the best option for the development of digitized currencies of states. It is unlikely that other structures except the central bank should be allowed to create digitized currencies. If the central bank, that is, the state, issues the digitized currency, people will have more confidence in such a currency.