World Bank Argues Against Cryptos As Reserve | World Business Watch
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- Опубликовано: 21 окт 2024
- Can cryptocurrencies be a part of Central Bank's foreign reserve portfolios?
The World Bank's white paper on cryptos' role in foreign reserve portfolios argues..."Not today, and likely not in the near future."
Take a look at this report for more...
#crypto #worldbank #business
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Crypto is not an asset. By definition.
Crypto is nothing, by definition.
@@bigtaskat-hand4742 Correct, it's a non-asset by definition.
baseball cards are assets. paintings, stamps. so is crypto.
@@TheDynamicmarket You are correct on the first three, not the last one though. Crypto can be a hash token linked to an asset, but it itself is not.
@@jankohrasko3 surely, crypto gives you liquidity uncontrolled by the state. it is a product that competes with other moneys. if you use it as an intermediate currency between your and dollars controlled by the us govt, you will always have a demand for cryptocurrency. belarus, north korea, hamas, maffia etc use it. brics new money will work in that way.
Great analysis! Your thoughts on this are really eye-opening for the crypto community. There's more info in my bio for those interested in this topic. Excited to see more from you!