Discover and read the best of Twitter Threads about #Digitalcurrencies

Most recents (10)

(1/9) #Cryptocurrency #Exchanges enable trading coins for other #digital and conventional money. But how do they work?
A thread:🧵
Learn More 👇
medium.com/zignaly/llts-1… Image
(2/9) It's possible to purchase and sell a wide range of available #digitalcurrencies by signing up for an account on #cryptoexchanges. #Cryptocurrency exchanges are available 24 hours a day, seven days/week, unlike traditional exchanges, which have specific trading hours.♾️🏛️
(3/9) On cryptocurrency exchanges, #crypto can be converted into ordinary currency, held in your projections of #futuretrades, or withdrawn in cash, depending on whatever you prefer. 💵🔥
Read 9 tweets
Hey Citizens!

In 2 hours. I'm about to drop a full breakdown of a NEW 1-week old document released by the IMF!

IMF shares their opinions between PoW, PoS, DPoS, fBFT $XRP + $XLM

I've got 4 hours into reading, recording, editing and creating timestamps
55 min long Timestamps👇
Yes, it's another long one but there was so much important info. I break it down in timestamps so you can pick the parts you want to see to make it easier

Please when I drop this video share and tag influencers this information was just released to the public 1week ago $XRP $XLM
Read 10 tweets
Daily Bookmarks to GAVNet 09/19/2021 greeneracresvaluenetwork.wordpress.com/2021/09/19/dai…
The latest chapter in a 100-year study says AI’s promises and perils are getting real

geekwire.com/2021/latest-ch…

#ArtificialIntelligence #robotics #automation #HumansVersusMachines #consequences
Chipmakers to carmakers: Time to get out of the semiconductor Stone Age

fortune.com/2021/09/17/chi…

#SemiconductorChips #automobiles #TechnologyDevelopment #applications
Read 8 tweets
The @BIS_org has dropped their 'Quarterly Review' bis.org/publ/qtrpdf/r_… for 2/3rds of it they have gone #CryptoNerd w. deep dives on #payments, #tokenization & Central Bank #DigitalCurrencies but it does hold plenty of other interesting #insights as well...some takeaways (1/11)
2/11 A look @ #PE, the state of #US public markets & murky #PrivateCredit dynamics..Co's increasingly avoiding the relative 'daylight' of public markets & #PE driving #IPOs as they take the #Exit..PE crew has been minting it in increasingly covenant lite private credit markets.. ImageImageImage
3/11 #VirusMarketWatch: Comparing front-load costs in key equity markets between Covid-19 & SARS.... Image
Read 11 tweets
#payments system is the foundation of the global financial system, says Ross Lecow, Senior Advisor of Department of Fintech, Strategy and Law in the Bank for International Settlements Innovation Hub in #Bundsummit
Problems with domestic/cross-border payments remain unresolved: 1. Financial exclusion remains in some developing countries and emerging markets 2. Cross-border payments are slow, opaque and expensive.
#Stablecoin initiatives are a private sector response to these problems.
Read 6 tweets
#Digitalcurrencies are a new type of carriers of money, but they do not promote the evolvement of credits of money, said CF40 member Zhong Wei, 1/6. cf40.org.cn/uploads/newsle…
The evolvements of the nature of #money and the supply of money stand out in the development of the monetary system. 2/6
The encryption system of money features a triple structure – the encryption of base digital currencies, the encryption of the digital accounts and the encryption of the entire payment and settlement system. 3/6
Read 6 tweets
1/ The Senate Banking Comm staff reached out last week regarding @Facebook @Libra pursuant to my @ForbesCrypto article. During a conf call they indicated interest in receiving formal testimony from me. Here it is + summary follows 👇: forbes.com/sites/caitlinl… @DoWithCare
2/ Big takeaway--politicians that weaponize the US banking system (blocking access to disfavored industries/countries) are modern-day Herbert Hoovers bc these barriers block both unlawful & LAWFUL commerce, & these barriers caused the invention of #stablecoins in the first place.
3/ (OK, I didn't actually call them modern-day Herbert Hoovers the testimony, but I digress...) If Congress isn't happy about @facebook @Libra, it can immediately make #stablecoins irrelevant by letting #banks bank the #crypto industry (& I give v specific recommendations here:
Read 19 tweets
In the future, #digitalcurrencies and e-#payments may develop in multiple ways based on #competition. This will add to future #uncertainties and pose challenges for both the central bank and regulators.
The central bank can establish research institutes on #Fintech and digital currencies, but we can’t make sure that the solutions it puts forward are the best.
As #technology evolves, determining to select a certain technology solution is risky. So we may need a mechanism that enables #R&D through multiple channels and encourages #competition.
Read 7 tweets
The #market is paying too much attention to digital assets such as #bitcoins. #E-money based on 3rd-party #payment system is overlooked, despite its implications on #credit creation models, the choice between separate and mixed operation models, and #financial #regulations.
Compared with #e-currencies and other #payment tools, #digitalcurrencies issued by the central bank aren't particularly advantaged. If the central bank pays interest on its digital currencies, they become liquid assets like deposits, with important fiscal& financial implications.
Beyond the technical level, #market participants should also pay close attention to the public policy implications of #digital #currencies, which are key to judging future developments.

By Peng Wensheng, Global Chief Economist of Everbright Securities:
mp.weixin.qq.com/s/QkjIsTo6LI7D… Image
Read 3 tweets

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