Jump to content

What changes are planned with regard to the coming CBDC?


Recommended Posts

I'm wondering because I've been following the various antics of the WEF and world governments. How is IG positioned to take that into account?

I can see two scenarios.
1.  is where you knuckle under and make CBDC the default system for commerce internally. This is something I consider the least probable, due to the potentially extreme variance between the various CBDCs.
2. is where you transfer means from an outside system to an isolated internal system. Sort of what you already do. This requires the least changes.
The last one is much preferable, especially given what has been found in Brazil and likely elsewhere.
https://cointelegraph.com/news/brazil-cbdc-pilot-source-code-can-freeze-funds

Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • image.png

  • Posts

    • The recent correction Is the 15 Year cycle from the 2009 LOW - told you about that back in FEBRUARY - big long term cycles don't work out to the day, they have a period of grace either side of the perfect date, which is what has happened I've not published this anywhere else - I've mentioned it, but people won't work it out Blue line is the WEEKLY SP500 Index RED line is the composite Index - past, present and FUTURE So far since 2009 HIGHLY ACCURATE, not 100%, but very close (just missed the covid crash)  We have these SP500 cycles, a big planetary cycle due in Oct 2025, the "Beast" cycle due in 2026 and the WAR cycle which is valid now through to 2028 too This is the BIGGEST and LONGEST DOWN cycle in the cycle sequence since 2009 - It isn't going to be pretty, but it shouldn't be too bad either, remember you CAN and DO have rallies in the DOWN cycle parts  - the RED line is a Composite summation of all the cycles seen at the bottom of the chart - Price "should" within reason follow that red line (NOT price levels, just presumed price DIRECTION) The next few years will sort out the men from the boys Remember the ULTRA big overall cycle is UP from 2016 to 2034 - so there is not going to be any massive doomsday disaster bear market, but it won't be a walk in the park either Lets see if the SP500 follows the cycle path or not
    • Meet Apu, also known as Peepo or Helper, a beloved pepe-variant renowned for representing youthfulness, kindness, and naivety in the world of memes. Fed up with the proliferation of low-effort memecoins led by deceptive developers, Apu took matters into his own hands and created APU – the one and only coin for all frens. APU stands apart from the crowd as a coin that values fairness and transparency above all else. Born from humble beginnings in Finland, Apu's vision for a coin that reflects the true spirit of the internet quickly gained traction, leading to widespread international fame. With APU, investors can trust in a coin that is fairly launched and fully transparent, free from the pitfalls of deceptive practices. As APU makes its debut on Bitget Exchange, users have the opportunity to engage with a coin that embodies the ethos of the fren community. Whether you're a seasoned crypto enthusiast or a meme aficionado, APU invites you to join the movement and become part of the fren-friendly ecosystem. With its commitment to transparency, fairness, and community, APU represents a new era of memecoins that puts the needs of frens first.
    • Now that the Bitcoin halving event is over, investors are keen to know how this will impact the cryptocurrency’s price and dynamics in the coming months.   Written by: Angeline Ong | Financial Analyst, Presenter and Content Editor, London   Publication date: Monday 22 April 2024 14:02 ByteTree CIO Charlie Morris speaks to IGTV’s Angeline Ong to explain why this event was the ‘great anti-climax’ in the crypto world, and why this event perhaps presents a long awaited entry point for those wanting to gain exposure to Bitcoin. (AI Video Summary) Impact of the Bitcoin halving event In this exclusive IGTV interview, Angeline Ong and ByteTree CIO Charles Morris analyse the Bitcoin halving, emphasising its reduced supply effect and potential for price increases due to decreased miner selling pressure. Morris suggests the halving's aftermath offers a promising entry point for investors, citing historical post-halving strengths. Bitcoin's correlation with tech stocks He also discusses Bitcoin's correlation with tech stocks, regulatory perspectives, and its inevitability as a sustainable asset class, akin to "the gold of the Internet." Morris concludes by highlighting Bitcoin's necessity for fast, round-the-clock financial systems, contrasting traditional banking.     This information has been prepared by IG, a trading name of IG Markets Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients. See full non-independent research disclaimer and quarterly summary.
×
×
  • Create New...
us