The Global Rejection Of CBDCs | ZeroHedge

Authored by Ari Patinkin & John Berlau via RealClear Markets,

The Biden administration and the Federal Reserve are taking steps toward the potential roll-out of a central bank digital currency (CBDC). In attempting to do so, they are ignoring serious concerns about consumer privacy and heavy-handed government control in the U.S. and abroad.

Everywhere around the world, powerful heads of central banks and politicians are pushing central bank digital currency. Yet also (more…)

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PayPal Revisited | ZeroHedge

Authored by Omid Malekan via Medium.com,

PayPal issuing its own stablecoin is big, marking a major milestone in the continuing evolution of crypto. It legitimizes the notion of payments moving on chain more than any blog or book (however well-written) ever could and is another step towards mass adoption.

For years, skeptics of the very idea of tokenized fiat money have homed in on the immaturity of the stablecoin industry to form their critique. Tether — they told us (more…)

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“No F**king Way!” – Joe Rogan, Post Malone Slam US Government CBDC | ZeroHedge

Authored by Tom Mitchellhill via CoinTelegraph.com,

Central bank digital currencies have turned out to be a popular talking point among the American public, garnering takes from comedians, rappers and presidential candidates alike.

Podcaster and commentator Joe Rogan has blasted the idea of a United States central bank digital currency, describing a digital dollar as a “game over” scenario for American citizens. 

In an Aug. 8 episode of the widely-watched podcast Joe (more…)

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