Why Central Banks Want To Get Into Digital Currencies
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- Опубліковано 16 жов 2024
- Intense interest in cryptocurrencies, like bitcoin, and the Covid-19 pandemic have sparked debate among central banks on whether they should issue digital currencies of their own. Advocates argue that central bank digital currencies, or CBDCs, can make cross-border transactions easier, promote financial inclusion, and provide payment system stability. Here's how central bank digital currencies could become the future of digital finance.
Intense interest in cryptocurrencies and the Covid-19 pandemic have sparked debate among central banks on whether they should issue digital currencies of their own.
China has been in the lead in developing its own digital currency. It's been working on the initiative since 2014. Chinese central bank officials have already conducted massive trials in major cities including Shenzhen, Chengdu and Hangzhou.
"China's experiment is very large scale," said J. Christopher Giancarlo, former chairman of the U.S. Commodity Futures Trading Commission. "When the world arrives in Beijing next winter for the Winter Olympics, they are going to be using the new digital renminbi to shop and to stay in hotels and to buy meals in restaurants. The world is going to see a functioning [central bank digital currency] very soon, within the coming year."
The U.S. is playing catch-up. In late February 2021, Fed Chairman Jerome Powell said the U.S. will engage with the public on the digital dollar this year.
Advocates contend central bank digital currencies can make cross-border transactions easier, promote financial inclusion and provide payment system stability. There are also privacy and surveillance risks with government-issued digital currencies. And in times of economic uncertainty, people may be more likely to pull their funds from commercial banks, accelerating a bank run.
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Why Central Banks Want To Get Into Digital Currencies
REALITY CHECK: We dont want the central banks currency we want our own.
It doesn't matter what you want. The fact remains that most people still trust the central bank to produce a note that is agreed upon by everyone (private, institutional, governmental) as an indicator of value. For that reason, the USD will remain the official and most wide-spread transaction currency, even if it has to go digital.
That doesn't mean you can't invest in non-centralized assets, but odds are you will always be determining the value of such an asset straight against the USD.
It's for that exact reason we see stable coins such as USDT, Dai, BUSD as the main transaction counterparts to Bitcoin / Ethereum and other non-centralized tokens.
I'm not against your point of view and would like to see something like that happen in the futur but there are many reasons why its quit difficult to do that right now: 1) people won't be paying taxes if its 100% anonymous 2) You need to track the economy and issue enough currency to maximise economic growth without causing too much inflation. Something that's not taken into consideration with current crypto because they are international and don't follow a specific country's economy.
What I would suggest is a central bank that is fully automated (no humans involved = no corruption) and that can track the economy to be able to maximise economic growth with 0% inflation (damn that would be cool, but its way too much futuristic).
AGREE 100%
@@leoncampa That mindset is mainly prevalent with the previous generation. When they die off, that is when we will see the full migration to cryptocurrencies.
The logic you used is flawed, there is no value in you creating your own currency. Currency only works when a legitimate entity i.e. a company or government creates it. With this in mind if you are concerned about privacy like the video pointed out, the best way to protect yourself is by using a blockchain technology. The reason blockchain is so extraordinary is because it can create a unique ID that is not stored on one single device.
They completely missed the point of cryptocurrencies
They know...
XRP!!!
no they didn't.
true...
Central banks have been waiting for this. Let others create the tech, then piggyback it.
The way I see it this recession most likely has an external cause. The United States is losing influence as a federal currency for the first time in decades. They don't have any more economies to utilize to control their inflation, and less money is being spent on stock and oil trading than previously. They all lend credence to the hypothesis that a new multilateral world order may be in the works.
The professionals are crushing it right now because they have both the necessary approach to pull off a profit in this market plus access to insider market knowledge that isn't made public.
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and I eagerly await your response
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I remember when I just got into crypto back in 2019 but later in 2020 I ended up selling it because I was dumb and I didn't understand it. I studied and learned and now I know how it works. Got back into crypto early in 2023 with 10k and I’m up with 128k in a short period of time .This comment serves as motivation for all those who have invested and continue to invest in cryptocurrencies with so many losses, do not give up, cryptocurrencies can change your life. Do your best to connect with the right people and you will surely see changes.
I'm new to cryptocurrency and don't understand how it really works. how Can someone know the right approach to investing and making good profits from cryptocurrency investments?
As a beginner what do I need to do? How can I invest, on which platform? If you know any please share.
As a beginner investor, it’s essential for you to have a mentor to keep you accountable. Myself, I’m guided by Alex Gomez. A widely known crypto consultant
I'm surprised that this name is being mentioned here, I stumbled upon one of his clients testimonies on CNBC news last week...
I started working with Alex Gomez back in June, and my financial goals have never been clearer. It’s like having a strategic partner for my money with a solid track record.
What a great way to spin "We want to see and know everything about everyone"
The truth is that our legal system won't allow any government agencies to directly access any banking and transaction record. bank ability to monitor every transactions should be a bad news for corrupted politicians and criminal organization, when physical cash is obsolete, they can no longer cover their illegal proceed with cash transactions which is harder to trace.
So far our bank already constantly monitoring all of our transactions. However they can only give the information to authority if they suspected any illegal activities or requested by authority under court order.
@Jason Tempel that's intentional. Think human trafficking.
Jesus Christ is returning soon. Repent (turn around from your ungodly ways) and believe the Gospel. For
God so loved the world that he gave his one and only Son, that whoever believes
in him shall not perish but have eternal life. John 3:16
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Currency has been digital for years, most of the dollars and other currencies are 1s and 0s on computers... Don't be confused, this is all about surveillance and eventually control.
Yes they eventually want to control where and how you spend your money.
@@rainmaker704 so, like they do now?
Absolutely spot on.
You have the absolute truth
Couldn't have said it better
Isn’t the whole point of cryptocurrency is it’s decentralized?
yea that was what it was supposed to be but 99% of ppl buying are only doing it because they think it will make them alot of money....
Sure Jacob...we want a Currency that is inflation free and non volatile too. The truth is bitcoin is good but we will need a Currency that has low volatility rate with high speed of transaction and low cost of transaction.
I think the average Joe doesn't understand it and some people are staying away from it
It's still computerized. It's not yours if it's not in your hands
It's a "pump & dump" scam!!
Trading crypto has become a lucrative way of making money and i'm grateful to my account
manager Amira Richard Such a genius.
indeed trading has become one of the lucrative business when you invest with a good trader or having a good trading signal to manipulate.
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I am grateful to Amira my account manager, I make 85% profit of every of my investment with her.
It's a misnomer to refer to cryptocurrencies as 'digital currency', since fiat money also exists digitally and has for many years.
BTC alone isn't fiat but cryptocurrency as a category is fiat since they are created at will and their are currently over 7500 forms of crypto. Governments will do everything they can (and they can do a lot) to insure control of the monetary system.
It is digital currency since you won't see the physical form of the currency issued.
People tend not to understand the propperties of money and the propperties of currency. idealy its the same thing. in practice its not
It is not about digital currency, it is about decentralisation, what China is doing is taking us back to centralisation because it is controlled by a single central body and it is not global.Bitcoin is decentralised,global and anyone can participate.
@@pulanala1421 anyone can paricipate but the vast majority of volume and holdings comes from china. Billions of dollars in volume is peanuts to the major players
Electricity failure is a joke, we barely have real money anymore, more than 90% is already digital
Power Failure is not a joke my friend. Anything catastrophic can happen in this world. Who could have thought that a small Corona Virus would stop the Whole World Economy?
@@ahnaftahmidmahin5680 the elite Illuminati who planned and perpetrated it...
@@ahnaftahmidmahin5680 I don’t think you understand what he ment.. Electricity failure is as big as a deal right now as when everything is digital since most people pay with digital eur/usd/etc. anyway
All I need to do is take away your power factories... Your done
The US dollar hasn't been backed by anything real since 1971 when Nixon ended the Bretton Woods Agreement (breaking the backing of the US Dollar by gold). It's all been fake fiat currency since then, The Fed just types a number into a computer to loan the US Government for an IOU, creating a fake number, whether you see the paper for that dollar ever get printed or not, less and less of it they physically printed anymore.
Bitcoin for example, may not have a backing either (only the faith of the people using it, same like US dollars), except the US Government can't print more Bitcoin (as no single entity can control it), so it cannot be manipulated like central bank controlled money. And you can't cheat the blockchain, it never lies, so it has the potential to gain more faith by the people than the dollar can ever achieve, since it will never inflate away your hard work and savings like the US Dollar does. My savings in Bitcoin will be worth more in 30 years (not whittle away into nothing just sitting in savings)...
They want a digital fiat to make it more difficult to buy cryptocurrencies and leave their game.
No, the governments will regulate these out of existence or simply outlaw it. It is a ponzi scheme for one. BTC is the worst of the worse as far as cryptos go. You know that, right?
@@winstonsmiths2449 please explain... BTC is definitely overvalued, but as far as cryptos go it is the gold standard. Anonymous, decentralized, and deflationary are all good things for early adopters.
It will backfire. It will just make it much more easier to buy Bitcoin since you'll already have the currency as digital. Coinbase/etc won't have to wait for your ACH to go through, it will be instant. 😆 People will still want Bitcoin A LOT because the USD is going to become watered down inflated trash.
@@winstonsmiths2449your comment did not age well 😂🎉
We need to make sure that they don’t do away with coin. We don’t want all of our money controlled by a (one) central bank! They can turn off your money if you don’t live the way they want to.
You're being completely backwards about the problem. If thst is actuslly s problem you're worried about, you need to renovate your legal- and political institutions.
Also, the majority of the world's currency is ALREADY digital. Like *90%* of all money only exists digitally. Physical currency does nothing to defend you from corrupt government.
Lol ya , what’s stopping them from doin that right now ? I have 40 dollars cash on me , the rest is digital made up money in my bank . They ain’t deleting anyone’s accounts
Nobody can turn off your Bitcoin it's decentralised.
@@Hjernespreng it gives more freedam and less control, we have the option to not trade goods and services digitally and that is where our power lies, once its all digital the gov has more leverage.
@@sang3Eta he is not talking about bitcoin
Great video, investing in crypto is a big chance of making money
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*2030*
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This is how worthless DOGE will be in 9 years!? 5 DOGE for a KitKat bar! Makes total sense ;)
@@michaelb9940 to be honest that's a 5x rise for a large circulation crtypo, I'd be impressed.
"I'm gonna go get the papers, get the papers."
@Sal Spencer why would you do that Karen ?
I don't shine shoes no more.
Get me a drink spider
Bunch a wiseguys
Funny how like I’m a clown I amuse you
Well that would defeat the purpose of decentralized currency.
Why would the government want it decentralized? 🤣
Yeee buddy
@@mcwally514 they could just copy the ACH system and call it "Funcoin". If this is just a rebranding so the government can look like it has intuitive creativity.... hahahaha. 😆
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I think she is the best broker I ever seen
Thanks for introducing me to Mrs Jane
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"There's a danger of creating a central honeypot of private data." Yeah, that's why we Bitcoin.
Exactly. Satoshi explained this in the beginning. Keep the data public, but keep identifying information out of the data in the first place.
"In retrospect, it was inevitable"
Jesus Christ is returning soon. Repent (turn around from your ungodly ways) and believe the Gospel. For
God so loved the world that he gave his one and only Son, that whoever believes
in him shall not perish but have eternal life. John 3:16
Answer: to continue making everyone's life a living hell.
I am here from your future, 7 months later. Yep. That's exactly what they wanted. A living hell. IRS is going to have access to your bank account transactions now. "Yay"....
INVESTING MAKE UP THE TOP-NOTCH HEMISPHERE OF WEALTH, THAT IS MORE REASON ONE SHOULD SAVE AND INVEST TO SECURE MORE PROFIT AND ENSURE SUCCESS.
You're right ma, .
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This is how the surveillance state begins
Governments can track anything you do right now.
Can you explain being tracked is a bad thing? If you are not doing anything illegal you shouldnt have to worry about. And dont give me super unlikely , extremely edge cases where the government plants evidence on you. Do you all know with Bitcoin the amount of illegal money from drug trafficking goes unnoticed? What about mafias or rogue government that want to move money out of one country? Please consider these than "OMG I AM BEING TRACKED!"
@@Cmi1267 Did you know that the U.S. dollar has been used in illegal activities for over 200 years?
@@Reakted They cant track cash. FACT!
@@Cmi1267 Example:
In 2030 I want to buy a book, by Dr. Seuss, as a birthday gift. How am I gonna pay for it without SWAT (Social Watcher Action Team) swarming my house for purchasing and possessing "dangerous" material, if the transaction is traced?
This is not an unrealistic situation.
So instead of government’s controlling our currency, conglomerates will control our currency 😂😅. yeah, NO!
Exactly, BTC a Trojan horse?
@@askvic611 Nope, it isn't. You could easily learn the differences if you chose. But the fact that people don't feel like reading will be how this centralized digital currency is ushered in.
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Digital currency is the future of finance, anybody still in doubt of that isn't in touch of reality.
True, and bitcoin is at the core centre of this not-so-distant future.
I guess so, but still don't have a firm grasp of how bitcoin works and what drive its volatility that is always constant.
@@wiebeplatt4749 Well, bitcoin's (and indeed all crypto) constant volatile state is mostly due to factors which include but not limited to: basic economic supply and demand, investor and user sentiments, government regulations across the countries that use crypto currencies, pump and dump practices and media hype. All of these work together to influence price volatility, which is why it's pertinent one (esp someone new) follows the guides of an experienced market pundit who already knows all the market maneuver. It betters your chance at maximum profit by more than 100%.
@@tradekings5433 was about to say same thing about the volatility till i read your comment. You easily outlined the market challenges and how to circumvent it.
@@tradekings5433 you have any idea how one can find a sound adviser that may aid or probably give guides on how to stay above these challenges in one's investmnt
I think bitcoin should be one of the top cryptocurrency. so far, bitcoin is has been doing well unlike other cryptocurrencies
Bitcoin is an engineered monetary network, this first of a kind. A paradigm shift in the history of money. Everyone needs it, no one can stop it, few understand it we're early
some people will be kicking themselves in few years if they miss the opportunity of investing in crypto now
exactly....
buy bitcoin now
bitcoin investing might make you rich if you're hedge fund with deep pockets or unusual skilled currency trader. but to the average retail trader rather than been an easy way to riches.
bitcoin can be a Rocky high way to ernormous losses and potential penury, I've been involved in a trade in recent times and ever since, I haven't lacked most things
Hello I'm new to bitcoin trade and i have been making huge loses, but recently i see a lot of people earning from it , can someone please give me a new strategy or at least tell me what I'm doing wrong?
Trading on your own is very risky, I've lost alot trading for my self
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They have to go digital because it costs more than a dollar to print a dollar LOL
$1 and $2 7.7 cents per note
$5 15.5 cents per note
$10 15.9 cents per note
$20 16.1 cents per note
$50 16.1 cents per note
$100 19.6 cents per note
cost revealed by the feds
Correct
China and most countries have already started using digital currency to pay for goods and services, it would be a wise thing to be amongst the earliest digital currency investors, think about the nearest future what could become when these currencies become more valuable than some real assets. If you have 10,000yuan and you feel you don't like it's performance anymore it would be easy to sell them off and buy what ever leading digital currency you like eg. BITCOIN and hold or invest in it.
The word “cryptocurrency” is derived from the encryption techniques which are used to secure the network that's why I chose to invest in it because it's safe and confidential. My experience has been made smooth by my personal broker Mr Lewis Oakley he manage my investment and I can only sing his praise because I have archive alot with Bitcoin through him. In my first year I made more than a million, didn't really know or have a mining skill but Mr Oakley ensured my profit advice to anyone out there is start where you stand no hesitation let's goo guys
Do you use cryptocurrencies? Do you invest money in them? Start now, don't waste any more time I'm already earning massively. It's an easy, simple and convenient way to use money and earn it. Benefit from and with them.
Other companies prefer to allow virtual currencies as a payment method. From hotel chains, airlines to tourist parks have bet on the use of cryptocurrencies.
You can't fight poverty by just printing more fiat into the circulation. Bitcoin prevents this kind of absurdity from taking place in the first place. If you mean well for the people, embrace a transparent financial system.
Bitcoin is more profitable investment online. It's infact the best way of earning passive income
"And I shall strike down upon thee with great vengeance and furious anger, those who attempt to poison and destroy my brothers"
@Jaime Dale when I lay my vengeance upon thee
Mercy
Saith the Lord!
I have always wanted to invest in bitcoin and forex trading but am quite inexperienced,please I need an assistance
XRP! To the moooooon! 🚀
*The best way to build a higher net worth,* *BE like the rich people who invest in time* *When money realizes that it is in good hands it wants to stay and multiply in those hands* *investment today is a source of income tomorrow.*
Worrying Won't Do Us Any Good
All our dreams can come true, if we have the courage to pursue them. Especially investing bitcoin and ethereum, The secret of getting ahead is getting started. I can testify I have earn a lot from from bitcoin.
@@stellaward7884 My best investment quote ever.
When I was young I thought that money was the most important thing in life; now that I am old I know that it is.
hehehehehe
*Eurodollars????*
*Cyberpunk 2077?!?!!*
*Japanese Crypto?!?!?!*
*Banks?!?!?*
*Hotel? Not Trivago.*
Successful people don't become that way overnight. What most people see at a glance-wealth, a great career, purpose-is the result of hard work and hustle over time.
Yeah! I agree with you sir.
If you want to be successful have the mindset of the rich, spend less and invest More. Don't give up your dreams.
@@peterbedley2719 People come here with the aim of chasing money more than knowledge and that will damage your progress, trust me. Chase knowledge first and I promise! The money will follow you just like it's following some of us now.
@@michealdouglas8206 That's very correct sir!!
And that is why most of them end up losing they money to scammers.
Don't be in a haste to invest. Know what and who you are investing to and be sure that the person will deliver before investing.
If up till now you don't have a crypto currency investment, then you are missing.
I know little about crypto currency. Please how can I make profit from it?
cryptocurrency have been making millionaires, although people are still having losses due to lack of experience, that is why it is advisable to allow a professional handle your trade. I recommend "Maria Martinez", she is trustworthy.
When i started my first trade with Ms Maria, i was scared of scam, but i am glad today that i made that decision of trading with her. Her profit is so unimaginable.
I have been having losses on my trading, please someone should put me to this Ms Maria's investment.
She must be a very sincere person to have many people talking about her investment this way, how do I reach her?
Credit card companies r the ones to be worried
No need for credit cards with crypto. You can already borrow cryptos on sites like blockfi
What r you gonna trust sites to give you a btc mortgage too?? Lol.
@@Skankhunt420. can they issue a biollions in bonds for governments to borrow? ah. there's the problem.
@@ThatBigCactus Ah! It's not a problem. I shall explain if you say, or you could research on own.
Why?
Tesla also said it will start accepting payments in bitcoin in exchange for its products "subject to applicable laws and initially on a limited basis." That would make Tesla the first major automaker to do so. The $1.5 billion worth of bitcoin will give Tesla liquidity in the cryptocurrency once it starts accepting it for payments.
🤭 Crypto is the future: XDC by XinFin
I investing in gold and other precious metals has been on for centuries and this century we have seen several ways to invest
@@chiomqab3074 Bitcoin is the future,investing in it now is the wisest thing to do now especially with the current rise
@Rukay 2k My advice for everyone right now is to invest into crypto currency 💲💲as it more profitable.
@Sharon Hawkins That won't bother you if you trade with a professional like Mr Frank Jeffrey
Bitcoin is the future, Investing in it now will be the wisest thing to do especially with the current rise
For real it's very profitable
You don't really need someone to tell you how to invest your coins, you can make research on your own and also try doing it yourself first.
My crypto mento, Mr Wendell brown runs an investment platform. I paid $3000 just last week and today he paid me $8,000.
Oh wow that's impressive😯
I've seen different recommendations about this Wendell brown he must be very helpful
The main appeal of Bitcoin is not its digital nature, but its independence from centralized stupidity.
@ERNESERNES the dollar is government mandated currency. Bitcoin is just fabricated value because you were able to solve some very complicated cryptographic puzzles... It’s a critical point of failure is it isn’t backed by anyone or anything
@ERNESERNES we will see who wins this game you or nation states
@ERNESERNES Just a correction: Bitcoin these days is very much traceable, especially when tied to an exchange that demands an ID. Look into Monero. It's actually fungible and private. It's basically what people think Bitcoin is. They catch criminals using Bitcoin, they can't with Monero. Here's a good technical talk about it: ua-cam.com/video/wq6w03E2DS4/v-deo.html
its all about decentralized currency i love it and they cant stop it . its one of mans greatest inventions
@@cooldudecs the country can do nothing about bitcoin its here to stay and free of government its impossible for the usa to shut it down or change it they can try but they cannot
This does not make sense.
We already have central bank digital currency called as “USD”
We want decentralized digital currency for true global exchange.
Cryptocurrency will be always worthless
@@crystalidx kinda. Not really. It is like Facebook. Completely stupid and worthless but it has enough people there and they wont switch. Bitcoin is like that.
USD is not a digital currency. it's PAPER. Are you high??? 🤣🤣🤣
USD is a shitcoin... it sucks ass. Which planet have you been living on dude?
@@Dizkover more than 90% of USD in existence is not paper my friend 😊. What I mean to say is, any kind of centralization (company or country) invalidates the concept of digital “global” currency.
The dollar is already digital.
90% of the currency is created in a computer.
As are 99% of the worlds currency.
@@originaldelta
Yes!
CNBC making it sound as if fractional banking didn't exist.
@Yuvraj Sharma
No.
The dollar stopped being backed by gold in 1973.
Since then, it's been backed by Saudi oil and the Pentagon.
The money in your bank account that you got direct deposit from is already digital
But you still have the option of using cash.
The US has the most to lose with the rise of CBDCs. What used to be transacted in USD will, in the future be transacted in CBDCs. This will mean that the US dollar will be less influential.
%CBDC is a kind of technology, it can be used on USD which 90% of it already in digital form, much like a software upgrade.
No one cares about the US dollar. The US is just where the rulers hold their military.
and will return home. Hence massive hyper inflation because you will have too many dollars chasing insufficient goods and services.
People will be kicking themselves in few weeks if they miss the opportunity to buy and invest in bitcoin
Buy and invest in bitcoin and other cryptocurrency today!!!!
Yea I made profit of $13,500 trading with him last week
He has really made a good name for himself
How can I reach out to expt Grayson haywood
@@lincolnshepard929 Through what's app 👇👇
If decentralization of bitcoin is the driving benefit, then why are stakeholders seeking centralization of it with technology and financial ecosystem including backward compatibility with laws?
Because people are greedy
@@callumosullivan7546
Just like hedge funds.
Very interesting content, i would also be glad if anyone here can explain a few things for me, this is 2022 and I believe it's my time to invest and shine for a better future
You are right but the market is profitable if you are using a really good broker or account manager to help out with trades or provide signals
I recently heared about the nfts thing but still don't understand how these benefits people or how the NFT buyer use such digital arts.
Artist and designers use it to sell art and collectables. Everything is moving online so makes sense for them to do it that way.
Please I need someone to help me trade or invest the forex or crypto market because I'm tired of trading in losses myself. I've blown my account twice and it's frustrating.😭
@@patricianewtom713 me too, i wish i have a crypto mentor to help me trade.
DIGITAL CURRENCY IS THE FUTURE. WE ALL JUST HAVE TO ACCEPT THAT AND MOVE ON.
I don't know who needs to hear this, you've got to stop saving money, invest some part of it if you really want financial freedom
I HAVE BEEN MAKING LOSSES TRADING MYSELF...I THOUGHT TRADING ON DEMO ACCOUNT IS JUST LIKE TRADING THE REAL MARKET... CAN ANYONE HELP ME OUT OR AT LEAST ADVICE ME ON WHAT TO DO?
Speaking of guide I would advice you reach out to investor Mrs Vivian Mills from cryptofxexperts-trades she is my guide, she is really the best at what she does, she has been handling my trade, it's been a year now and the experience has been amazing earning a minimum of $17,480 biweekly is worth testifying
I lost £1200 carelessly trading on a
platform then I was referred to Mrs Vivian Mills she recovered the loss and made an extra profit of £4600
This is a refreshing coincidence her services is amazing. My first investment with Investor Mrs Vivian Mills gave me a profit of over £6,000 ever since then they have been managing my portfolio so well
Mrs Catherine trading services are legit her methods works like magic I keep on earning every single week with her new strategy
I recently got into forex trading and im already marveling over the profits I'm making, I'm like " how the hell have i been sleeping on this
I think I'm blessed if not I wouldn't have met someone who is as spectacular as Mrs Catherine
She changed my financial status for the best
Bitcoin trading is the most profitable investment online if only you trade with a professional
She's a productive and trustworthy broker
Think its your money...?
Think again !
You .."Id like to buy that !"
Government...." NO YOUR NOT !"
Yep Sounds like Communism
No thanks. We have more than enough surveillance. Decentralized is the way
XRP!!!
And Monero
@@YiYo yes in case they want to over regulate cryptos, a private (not shared / not on an exchange) Monero address could be a solution. Completely anonymous
Robert Kiyosaki already spoke about that. He said the cashless society is not to control your money, because they already do that, they just want to control you.
It remind me of *UA-cam* , yt used to be for the creators now it belong to big companies news.
*Crypto* used to be the money of people, then it will belong to governments.
ua-cam.com/video/U_1o2Oxv0t8/v-deo.html
It’s a way for the few to get super rich easily.
you nailed it.
they are deciding to go in to it now cuz it has been very profitable to people and they can tell about it going into stock is best right now but you have to be careful goimng into it seeking advice from someone with vast knowledge will help a lot as a beginner
That's right i was thinking i can go through it alone and be successful but i lost a lot of money until i came across Mr Carlton Jefferson who help in recovering my lost funds ever since then i've been trading with him and trust me when i say it has been a thing of joy to me getting to know him
I also trade with him too which profits me $15000 his trading skills and strategy is something else that yileds huge profit i also got to introduce my friend to him which his now earning as well
With my knowledge about how the market moves i will say it is good to go into it right now with it's strong signal
stock is great to go into right now which i agree to as well
I will love to goin into this right now with my research i get to see and realize it's very profiting to go into right now but don't actually know how i can begin with it is there anyway i can get in contact with Mr Carlton?
I appreciate the real-world examples you provide.
This aged extremely well, especially with the US printing money like crazy.
And because bitcoin just blowed up and is hovering around $50000 right now.
@Mark Andy Crypto currency (bitcoin) trade is just like that any other business, but in this case more sophisticated and advanced. When you invest your money goes through the market and is used for trade, only a professional know how to trade with these currencies with yrs of experience and software available.
Invested both in stocks and crypto but currently crypto especially bitcoin is doing better and proven to be the future.
I'll like you to know that bitcoin is a digital gold-it is harder stronger, faster and smarter than any money that has preceded it. Invest in it now to save your financial future...
@@kehlanizachary7598 Bitcoin is one of the best way to invest and make millions at the moment with the current rising in it.
Pls how good and profitable can investing in this crypto currencies especially bitcoin investment be?
This is the beginning of the end.
💉💀666
We are in the last hour
This will impact small illegal cash transactions and will be easier for the tax institutions to find those avoiding paying taxes.
Thanks for your comment. For insights t,e,x,t,m,e,u,p
+1(4,0,8,),5,8,0,0,8,4,6,
Why are most person being dodgy about how they made money in 2020? We all know what's been buzzing for months now, so why the dribbles.
@francis alzard Do you trade? Because some of these dream traders are like ghosts, really good but almost unreachable.
Nice trading platform.. I have seen his(Mr Elton) trading algorithm and portfolio set ups Amazingly standard.
I'm really impressed with the fundamental scheme used by Mr Elton to build up capital gains.
What a coincidence☺.. Or apparently you all have been following the recent development in the block chain technology.
I tried trading myself but i was only left chasing after shadows.
There is already decentralized stable coins: USDC, True USD, Tether (USD), DAI (USD), PAX (USD), GUSD, EURS (EURO), EOSDT (USD), DGX (Gold Gram), XCHF (Swiss Franc), and more being added every month. The FED and banks are way behind lol. Though it's a nice I told you so after banks being at war with the Crypto Community from 2012-2018. When Lambo, When Rarri, When Citadel.
Only DAI Is Decentralized among them, rest are by private companies
It doesn't matter how cheap the transfers are when the governments devalue your currency (and even more so via digital and mandatory/inescapable negative interest rates).
Lies again? Debit Card
Imagine this tech added with amazon grocery face recognition tech. You will never be able to steal anything ever again. Lol
@Jason Tempel IR led lights on glasses should be a solution to hide your face from cameras.
"Hack the planet"
The best decision I ever made in my life was Investing in financial market. Trust me guys, it pays alot. And I have come to realize that trading bitcion is more profitable than holding it and waiting for it to skyrocket.😊
Yeah, sure
Bitcoin has really made so many people millionaires and billionaires.
Am much thrilled to see her other investors. She is a very sincere woman who understands the challenges faced by beginners, I started trading bitcoin under her guidance after seeing her interview with CNBC. She doesn't request for any charges to teach investors on how to trade and generate profits for themselves.
She's obviously the best, I invested $3,000 and she made profit of $28,000 for me just in 15 days.
Bitcoin is a life changing business.
Watching this at 1.25x is much much better
It would be a shame if a powerful E.M.P. causes everybodys account to go to $0.00😂😂😂 and memory got whipped
Yeah so this makes Bitcoin even more appealing since it’s decentralized.
AGREE 100%
Bitcoin is the "gold of digital" (the store of value) then you have DeFi ecosystems allowing you to personal blockchained (crypted) banking, even insurance and many more financial services. No need for banks or insurance in between _(fees and taxes)_ . It's ALL online peer-to-peer controlled by the blockchain (NO HUMANS) AND you won't have to worry about that master or Visa card being rejected for no reason. Welcome to the "matrix".
That makes it riskier as well.
Bit what?
Either they don't understand that the point of crypto is to have a decentralized currency or they're money hungry and can't stand to watch people take their money elsewhere. I think we all know the answer.
Jesus Christ is returning soon. Repent (turn around from your ungodly ways) and believe the Gospel. For
God so loved the world that he gave his one and only Son, that whoever believes
in him shall not perish but have eternal life. John 3:16
The world is now revolving on digital trend. digital currency like bitcoin and crytocurency are the other of the day.
Crypto is the a digital gold.
Investing in crypto is one of the most efficient ways of making big money
For real crypto is profitable..
I wanted to trade Crypto but got confused by the fluctuations in price
That won't bother you if you trade with a professional like Will Kenton
Have made alot of profit working with him
he's obviously the best invested 2000USD with him and 9 I made a profit of 9101USD
He,s stories are everywhere 😱
= + =1= 7=5=0= 2= 9 = 0 = 1 = 6 =8 =5= 2
How about poor person's that don't have even for their stomach, they're force to buy a smartphone so as to have a digital wallet and in that wallet the only thing in there is digital but wallet is empty, wild idea!
The best cryptocoin will have to be used thru messages without need of a smartphone I know of a Currency that is already ahead of the curve. Wait for it🔥💪
What is this digital currency going to give me that I don't already have with my debit card and mobile payment app?
What’s the difference between a government backed currency and a government backed currency?
ua-cam.com/video/edAZSR8sWbo/v-deo.html
This is where we are going.
Cryptocurrency is a potential great digital asset for investment. Making passive income becomes easier when you follow up the trading cryptocurrency such as bitcoin, litecoin and etherum
Cryptocurrency invest has risen in this past years I think is a good sign to invest
Bitcoin trading options is just like another business but in this case more sophisticated and advanced
Totally agree with you mate!! Best advice I've across today regarding bitcoin investment
What's really the idea behind this bitcoin investment anyway, because all I do is buy when it falls and sell it goes high.
@@ednastanford7945 you don't really need someone to tell you how to invest your coins, you can make research on your own and also try to do it yourself first
I want to make my own currency called the El Chapo dollar its good in any country.
Maybe a better selling point would be the Bush Cartel coin. With the motto "we fly low to bring you the dough"
Does Chase accept V-Bucks?
5 year olds are the only ones who play fortnite now
We want ADA as currency, not central bank currency
Thanks for your comment. For insights t,e,x,t,m,e,u,p
+1(4,0,8,),5,8,0,0,8,4,6,
Thanks for breaking down the latest trends in the crypto world!
The Bahamas launched 'Sand Dollar', the world's Central Bank Digital Currency in October 2020. The video could have at least mentioned that.
From my understanding the Bahamas was the first CBDC, but yet they disregard and try to overshadow it by saying China's CBDC will be the first. Another attempt to disregard the innovativeness and brilliance of black prople.
My trading journey was a matriculation of highs and lows, literally just like the market. you up, you down. Now I'm constantly up
I have heard a lot about investments with Jane and how good she is, please how safe are the profits?
@Lisa Manda wow that's very nice Please how can i be able to reach out to your broker, my income stream is in a mess.pls
Write her directly on What'sAP👇
𝐰𝐡𝐚_𝐭𝐬_𝐚𝐩𝐩 +𝟰𝟰𝟳𝟱𝟬𝟲𝟳𝟲𝟭𝟴𝟵𝟱
Hey.... You can get connected to Mrs jane with this number here she is always online
Dear youtube commentators, you might think they don't know the difference or what the crypto currencies are about in this video. But they know perfectly well what it is, thats why they want to muddy the waters for the vast majority of people who have no idea what crypto currencies are. This way they can sell their "crypto currency" as default go to digital currency so they can control the people like they do now.
*****CRYPTO CONUNDRUM*****!!!!! IS BTC LOSING ITS CRYPTO DOMINANCE ?????... ua-cam.com/video/M-ToXoUxQ50/v-deo.html via @UA-cam
Is there any way the IRS or any other government agency can know how much crypto you have exactly? Is there a way they can seize it? I've only invested $60 in bitcoin, but still. I don't like having to report that (or my financial business to the govt).
Decentralized is better.Let market decide.
X R P cross-border payments...
In Mexico there is CODI to make payments with qr code using the Central Bank network.
@3D Animation Geek it’s a Qr you can scan in banking apps to transfer money. It’s like putting bank account numbers in a qr and making banking apps (the largest are BBVA, Citibanamex Santander and HSBC) use it to transfer money. It’s kind of cool cuz you don’t need to carry cash (given the high crime in some cities). I use it to pay Tortillas and empanadas near my house cuz I’m to lazy to keep track of the change lol
It’s more or less like a Venmo but operated by Banxico (Mexican FED) and without fees
Hi 👋 GREETINGS FROM THE ❤️ PHILIPPINES 🇵🇭 🇵🇭 🇵🇭
Salamat po
No Smartphone no money
Bruh, ion want the government checking what I buy. They already listening to everything I say.
What a fantastic way to completely miss the point! 👌🏻
hehehe boy
So back to square one? Whole purpose of bit/eth was decentralization
@@dandelion7933 no chip implant. by sensor they mean a fitbit or something like that. chip implants are impractical and unnecessary.
@@dandelion7933 zero percent chance. it's impractical, impossible to pass and nobody needs it because they already track everything you do with current tech. it's almost like you're focused on a distraction.
@@dandelion7933 you're a losing bet. that's simply not how any of this works. are you even invested in the tech space? because if you were you would know what you're saying is fantasy. some might say people like you are controlled opposition, and i might agree with them based on your account age. either that or you're a man with too much time on their hands. go sign yourself up to kahn academy and in 12 months tell me that a chip implant will do something.
Or to get People used to the idea of digital currency before they even introduced it (psyop?)
@@dandelion7933 "The idea of getting rich from crypto" Nope. That wasn't the purpose. It's happening only because people value crypto more than fiat (which is worth nothing).
XRP the ISO Financial Infrastructure Standard for years ahead.
XRP TO THE FRICKIN' MOON!!!!
How will the Digital electronic coin systems handle a electro magnetic plasma pulse ejection?
Thanks for your comment. For insights t,e,x,t,m,e,u,p
+1(4,0,8,),5,8,0,0,8,4,6,
Customers gamble by playing games of chance, in some cases with an element of skill, such as craps, roulette, baccarat, blackjack, and video poker. ... Casinos sometimes give out complimentary items or comps to gamblers. Payout is the percentage of funds ("winnings") returned to players.
I don’t understand this what’s this difference between this and my bank app showing me how much money I have , which is digital as well. It’s not like all the dollars in the world in all the bank accounts actually exists physically in cash somewhere.
Difference is that changes in this currency aren't dictated by governments who increase inflation and lower the value of the dollar. Also, you may think your money is safe in the bank, but wait till they go bankrupt, we'll see how easy it is to take out your money. Also,, not every government is as "fair" as the US. In some cases, youre not even allowed to buy anothers country's currency thus making trade difficult. Bitcoin is simply better because its decentralized meaning there's not one entity who controls every aspect of the exchange but instead it's its user. Look up "how the blockchain works" for more details
@@AlejandroGonzalez-wo5fk I know what Bitcoin is and also understand the decentralized nature of it and what are it’s benefits,
my main question was what’s the difference between a digital dollar and a dollar in my bank account which I can view on an app both are controlled by the Fed end of the day
@@anuragsingh-cs1tc bitcoin is not controlled by the fed, bitcoin has a limit of 21 million bitcoins. When bitcoin miners mine the last bitcoin, thats it, you cant mine anymore.
anurag singh he saying you can make more of the usd dollar buy bitcoin like he said once the last coin is mined that’s it only those coins will go in circulation as long as bitcoin stays a thing (forever)
anurag singh but bitcoin....*
Global digital currency is already chosen it's XRP...
Xrp to the moon
Miss Caroline is legit and her method works like magic I keep on earning every single week with her new strategy
Well, trading with Miss Caroline is nothing new to me
Trade with her and remember to share testimonies with others
Lame
central bank digital currencies and its implications are frightening.
The big question is, how bitcoin will have a role to individual countries? If every country have their own digital currency how will be Bitcoin used? Will it be just simply like gold or silver traded on stock market?
Bitcoin is decentralized. Banks unnecessary. There’s a difference between what is being proposed by big brother as electronic currency and decentralized peer to peer blockchain currency. The former is what we don’t want.
What I find hilarious is the fact that the whole idea of bitcoin is that they want to move away from a fiat currency yet the way you buy bitcoin is by investing said fiat currency.
Fiat currency. Bitcoin's value is measured in said fiat currency, therefore if bitcoin is successful in replacing fiat currency, we will then run into the problem of bitcoin
having no value since it can't be measured in the fiat currency so then we will be put in a south park "space bucks" scenario where we will have to assign it value inevitably making bitcoin just another fiat currency.
Sure it's wise to invest in BTC right now than it was months ago. But you have hold one simple rule "Buy low sell high" if you're in to make profits as an investor in Crypto currencies in general.
@Williams Michael Sure it's wise to invest in BTC right now than it was months ago. But you have hold one simple rule "Buy low sell high" if you're in to make profits as an investor in Crypto currencies in general.
You're 💯right
Bitcoin is the future 💹💰💰
Well I think the market will recover quicker than expected because I've been coming across articles of investors making as much as $350,000 within months and i'd really appreciate it if anyone could share tips and clues on how to make this much profit.
one strategy is betting against the market which can be really profitable but first of all, you'll need to study the market intensely.
@Bridget Stone I agree, experience does pay off
who is your financial coach, do you mind hooking me up?
Thanks for sharing , just found her website . really impressive
@Bridget Stone SCAMMER!
"The idea of universal basic income and stimulus payments
becoming a more regular feature of our economy."
That is an interesting statement vary interesting.
NO TO BANKS!
XRP 🚀 🌚