Altcoins Talks - Cryptocurrency Forum

Learning & News => News related to Crypto => Topic started by: sirty143 on November 18, 2021, 02:18:06 PM

Title: Fed Governor Waller praises stablecoins as a genuine innovation that makes the d
Post by: sirty143 on November 18, 2021, 02:18:06 PM

(https://i.imgur.com/RClM5YSm.jpg)

In a speech published Wednesday noon, Federal Reserve Governor Christopher J. Waller reiterated his skepticism for implementing a central bank digital currency, or CBDC, in the United States. However, Waller is not an ordinary cryptocurrency skeptic, as he cites the development of genuine... See more for yourself here (https://cointelegraph.com/news/fed-governor-waller-praises-stablecoins-as-a-genuine-innovation-that-makes-the-development-of-cbdcs-redundant).

Your opinion is greatly appreciated.

Title: Re: Fed Governor Waller praises stablecoins as a genuine innovation that makes the d
Post by: TomPluz on November 20, 2021, 09:47:46 AM

I am sharing the FED governor's skepticism especially if your CBDC is just a plain version of your fiat money...there can just be some redundancy in that aspect alone. of course, the China experiment can be either be a make or break with CBDCs though we also have to remember that China has a different governmental and societal structures than Western countries.