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Learning & News => News related to Crypto => Topic started by: sirty143 on December 11, 2020, 03:33:35 PM

Title: Sweden is studying a potential transition to the e-krona CBDC
Post by: sirty143 on December 11, 2020, 03:33:35 PM

Sweden is studying a potential transition to the e-krona CBDC

(https://i.imgur.com/eP5nPQ3l.jpg)

The Swedish government is progressing with its central bank digital currency, or CBDC, by launching a formal review of a potential transition to the digital currency. According to a Dec. 11 Bloomberg report, the review will explore the feasibility of moving... See more for yourself here (https://cointelegraph.com/news/sweden-is-studying-a-potential-transition-to-the-e-krona-cbdc).

Your opinion is greatly appreciated.

Title: Re: Sweden is studying a potential transition to the e-krona CBDC
Post by: Gravatai on December 12, 2020, 09:46:20 PM

This is an anticipated event as there has long been talk of the creation of digital currencies by governments of different states. I think this is good news for the cryptocurrency community as it will accelerate the adoption of cryptocurrencies and their wider application. I think that there will soon be a boom in the creation of government digital coins.

Title: Re: Sweden is studying a potential transition to the e-krona CBDC
Post by: tsakf on December 13, 2020, 03:38:29 AM

CBDC's, are not different than fiat currency. What differentiates cryptocurrencies, is the project's consensus. I think that it will be good, for crypto space, as people will get used to it.

Title: Re: Sweden is studying a potential transition to the e-krona CBDC
Post by: TomPluz on December 13, 2020, 05:35:39 AM

Quote from: tsakf on December 13, 2020, 03:38:29 AM

CBDC's, are not different than fiat currency. What differentiates cryptocurrencies, is the project's consensus. I think that it will be good, for crypto space, as people will get used to it.

Yes, in its application the so-called CBDCs are actually the digitalized version of a country's fiat currency. Of course, there is going to be much better impact on the use of money and how maybe people can have more access to them than what we have right now. This can hopefully accelerate more commerce interactions and can open up more opportunities for countries introducing their own CBDCs networks as well as can spring up new problems and challenges.

Good luck to Sweden for this great interest towards digitalization which can be what the future will be. As always, those who are ahead can reap possible first-comer benefits...

Title: Re: Sweden is studying a potential transition to the e-krona CBDC
Post by: tsakf on December 14, 2020, 05:41:28 AM

Quote from: TomPluz on December 13, 2020, 05:35:39 AM

[
Yes, in its application the so-called CBDCs are actually the digitalized version of a country's fiat currency. Of course, there is going to be much better impact on the use of money and how maybe people can have more access to them than what we have right now. This can hopefully accelerate more commerce interactions and can open up more opportunities for countries introducing their own CBDCs networks as well as can spring up new problems and challenges.

Good luck to Sweden for this great interest towards digitalization which can be what the future will be. As always, those who are ahead can reap possible first-comer benefits...

I would like to see, after 5 years, what will be the masses reaction to crypto, when they start using CBDC.

Title: Re: Sweden is studying a potential transition to the e-krona CBDC
Post by: Bobcrypto on December 14, 2020, 05:20:14 PM

There is going to be a huge cryptocurrecy and the block chain adoption in next 4years by central banks of many nations. I think this is just the beginning of good things to come on the cryptocurrecy economy. At intervals, by the year 2021 many more positive news about crytpo developments, adoptions, upgrades will be added and will greatly boost crypto value in a big level.

Title: Re: Sweden is studying a potential transition to the e-krona CBDC
Post by: mlawson71 on December 17, 2020, 06:29:35 PM

A whole lot of countries are forming similar plans, (https://theforexreview.com/?s=cbdc) let's see which will be the first to fully succeed! Personally, I think it'll be China.