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Geopolitical Crisis May Benefit Oil, Gold and CBDCs, Not Bitcoin

by CBDC Insider Staff
March 27, 2020
in Business
Reading Time: 1min read
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Geopolitical Crisis May Benefit Oil, Gold and CBDCs, Not Bitcoin
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However, rather than creating a perfect scenario for the supranational money, the coronavirus crisis could instead entrench reliance on traditional institutions. In a world where central bank digital currencies (CBDCs) from major economies are fast approaching, bitcoin settlements may appear less attractive to compliance-focused financial entities.

Continue reading: https://finance.yahoo.com/news/geopolitical-crisis-may-benefit-oil-204848439.html

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