Citi: Central Bank Digital Currencies - How Will the Future Unfold

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  • Опубликовано: 26 окт 2020
  • Central banks are actively investigating the potential to issue digital representations of direct claims on the sovereign, while Bigtech ecosystems systematically integrate financial services ranging from payments to FX to lending. Fintechs, banks, Bigtechs and central banks are the players building a future where payments are always on and instantly available. How will the future unfold?
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Комментарии • 72

  • @muskduh
    @muskduh 3 года назад +2

    thanks for the video

  • @justinhonse
    @justinhonse 3 года назад +2

    FYI The Fintech licenses that are currently being offered (special purpose national bank charters) ARE at a national level reporting to the OCC, specifically because of the state level complication

    • @elizabethmurray5718
      @elizabethmurray5718 Год назад

      CBDC would have total control over your bank account. They could limit your account spending for any reason they want. If they don't agree with your politics, or something you said online. They could charge your account or turn your account off.
      They can decline if you want to buy something they don't think you need or shouldn't have. It includes the Chinese Social Credit Score.
      So. If you think communism is a good idea, you might like CBDC's.

  • @domingo2977
    @domingo2977 3 года назад +2

    I still don't get the token aspect. Could someone please provide me with a good video or article?

    • @zpclosangelesgraffiticafe
      @zpclosangelesgraffiticafe Год назад

      lol, "token" or any digital access in this context is 100% unnecessary for "inclusion" which ultimately leads to tyrrany

  • @johnwild9739
    @johnwild9739 3 года назад +4

    #xrp is a public block chain that is designed specifically to solve a lot of these issues. Also #xlm has very similar use cases which capture the remaining issues.

  • @samkonkin7113
    @samkonkin7113 3 года назад +6

    Just listening to see if they can do the whole meeting without mentioning Bitcoin or crypto currency

  • @ericpham8205
    @ericpham8205 3 года назад +2

    Also how to allocated labor and materials where instantly updated and keep local in the loop

  • @29subhra
    @29subhra 3 года назад +1

    The main purpose of DEFI is not letting big corporations handle our money.

  • @well.thy.one.
    @well.thy.one. 2 года назад +1

    yea im sure they havent been planned for decades...

  • @thomasbentele2468
    @thomasbentele2468 2 года назад +1

    Prof. Richard Werner says, it is mainly to kick out private banks of money creation,
    be the only bank in town and rule the world.
    He says, the biggest part of money actually is digital, not printed.
    Chinas solution may be the best for the economy of china.

  • @molouw1
    @molouw1 3 года назад +4

    Why even debate central control bank systems when peer to peer decentral "banking" is a fully functional option now with new tech. ? !

    • @pdkpropertyexperts
      @pdkpropertyexperts 3 года назад

      For some reason people who are into crypto forget a huge factor of currency, the fact that currency controls our entire lives. Why would the elite of the world give up control? Bit coin is not decentralized. Bitcoin is the same as Visa or Mastercard just a separate form. Crypto is here to stay but it will be governed by either a banking standard for the world or individual central banks for each country.

    • @molouw1
      @molouw1 3 года назад

      @@pdkpropertyexperts
      You are trying to turn pears into apples cause you only understand apples....to your own detriment....!

    • @wdecryptw8250
      @wdecryptw8250 2 года назад

      I am just wondering if you have
      A11111

  • @thomasbentele2468
    @thomasbentele2468 2 года назад +1

    Here in Germany Citi Bank turned into Targo Bank because of massive fraud in the last crisis.

  • @pareshbamaniya4249
    @pareshbamaniya4249 2 года назад

    How to apply for further process of my fund transfer from Senegal to India i need help from you

    • @Citi
      @Citi  2 года назад

      Hello. You've reached Citibank US with no access to international accounts. Please contact your bank directly for assistance. Thank you! ^Ana

  • @cinpeace353
    @cinpeace353 3 года назад +3

    Haven't finished the video yet, but they are kind of keep talking about creating a new currency. When the goal is having a digital currency to replace cash, I think the Chinese solution is the most straightforward - Just digitize the existing currency. I think the Digital RMB (Renminbi/Yuen) of China will be a successful implementation.

  • @jluisariasvelasco167
    @jluisariasvelasco167 2 года назад

    Nex sesito informascion sobre mi cuentas Bancarias

    • @Citi
      @Citi  2 года назад

      Good day Mr. Velasco. Thanks for reaching out. We'd be glad to see how to help. Please email us (customer.help@citi.com) the details that include your type of account/card only (no account numbers), country where account was opened, and your RUclips handle in subject line. ^Deanna

  • @ericpham8205
    @ericpham8205 3 года назад +1

    The money problem could be solved if the mean of production are adequately distributed as far as geographical location are fair

    • @sugershakify
      @sugershakify 3 года назад +1

      Please define "fair"

    • @zpclosangelesgraffiticafe
      @zpclosangelesgraffiticafe Год назад

      i think its all bullcrap--any "system" especially a Digital system will easily be hacked or manipulated by those in control
      this is only control freaks talking shit most of which is baseless

  • @goodtimes2656
    @goodtimes2656 3 года назад +4

    #obey. You don't need freedom you need rules!

    • @SanketGajera
      @SanketGajera 3 года назад +3

      Freedom gives you innovation. Rules gives you structure to build on that innovation! So what we need is conversations not statements!

  • @ericpham8205
    @ericpham8205 3 года назад

    Public debt associated with mismanagement large public worked that may not in interest of environmental like hydroelectric, or rail transportation were wasteful and unsafe, and highly inefficiency in energy project leads to weather effect and climate season change

  • @toddmaek5436
    @toddmaek5436 3 года назад +3

    How about we work on abolishing the need for ......... MONEY?

    • @GaryMcKinnonUFO
      @GaryMcKinnonUFO 3 года назад

      Yes!

    • @consciouswalker517
      @consciouswalker517 3 года назад +1

      What do you suggest we do to rid humanity of money that humanity created because of our natural understanding of trade, value and service? What's the alternative? How do we build the infrastructure for such an idea that will go against our inherent nature?

    • @sugershakify
      @sugershakify 3 года назад +2

      As you soon as you invent a replicator that can magically materialize anything you want .... then sure.

  • @StormCloudsComing
    @StormCloudsComing 8 месяцев назад

    Centralized.... bet me

  • @eyeswideopen4628
    @eyeswideopen4628 2 года назад

    The USA wants to

  • @privatecurrencies5550
    @privatecurrencies5550 2 года назад +1

    ha ha

  • @Grace17893
    @Grace17893 Год назад

    God help us lol; notice the DIE chat getting involved; when they say inclusion they mean excluding people they don’t like of course; like everyone; and then holding them hostage lmao..... God help us

  • @bradymoon1889
    @bradymoon1889 3 года назад +1

    decentralize it.....the alternative cbdc can and will enslave tje world

  • @ericpham8205
    @ericpham8205 3 года назад

    And maybe reducing consumption and shift toward fuel less transportation. Zero waste waste treatment to reduce germ and virus on the accelerated growth with population

  • @lonnierandall7882
    @lonnierandall7882 2 года назад +3

    Haven't we Christians known this since the first time we read Rev. 13:16-18, which was foretold almost 2000 years ago?
    Re 13:16 And he causeth all, both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads:
    17 And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name.
    18 Here is wisdom. Let him that hath understanding count the number of the beast: for it is the number of a man; and his number is Six hundred threescore and six.

    • @zpclosangelesgraffiticafe
      @zpclosangelesgraffiticafe Год назад +1

      Rev.13 doesnt confirm that it will come to fruition
      at least not fully so...

    • @lonnierandall7882
      @lonnierandall7882 Год назад +1

      @@zpclosangelesgraffiticafe Yes, I agree with that. I think God is about to throw a wrench into their plans. The beast only has power for forty-two months and then it will be in chaos. The beast doesn't rise from the pit until the fifth trumpet. The sixth seal through the fourth trumpet will be cataclysms from God. The beast will rise in desperation because he only has a short time.

    • @zpclosangelesgraffiticafe
      @zpclosangelesgraffiticafe Год назад

      @@lonnierandall7882 3.5 years is 42 months . . . theres definitely AiIiienz amongst the power eIite humans right? how else would the Rev. text predict before events unfold in real time?

    • @lonnierandall7882
      @lonnierandall7882 Год назад

      @@zpclosangelesgraffiticafe If by alienz you mean, Satan and his demons, that is true. Revelation reveals the future because the future belongs to God and it is his story to write. The Revelation was given to us by God through Jesus Christ.
      Re 1:1 ¶ The Revelation of Jesus Christ, which God gave unto him, to shew unto his servants things which must shortly come to pass; and he sent and signified it by his angel unto his servant John:
      2 Who bare record of the word of God, and of the testimony of Jesus Christ, and of all things that he saw.
      Satan us just a tool in God's hand.

  • @josereydabalos185
    @josereydabalos185 3 года назад

    Lahat Ng remitances SA pinas magsara na Ka 1 kayong MAGNAKAW ALAM NYO Yan ha..

  • @fadlimuhammad3811
    @fadlimuhammad3811 3 года назад +1

    Just do its guys team male females worlds...basic zillion economic...buy golds one block zillion above amount demands.tq fm

    • @ef7480
      @ef7480 3 года назад +6

      What?

    • @justinhonse
      @justinhonse 3 года назад

      STRONK

    • @justinhonse
      @justinhonse 3 года назад +2

      I think it was just a bad translation program but I still can’t figure out what it supposed to say

  • @GrahamStephan842
    @GrahamStephan842 3 года назад

    Thanks to *hacker_mosco* he help me to recover my Facebook and instagram account in less than 30 minutes time i really appreciate an very grateful you are the best he is a life saver