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Cryptocurrency is dead. Long live Central Bank Digital Currency!

by CBDC Insider Staff
September 7, 2020
in Business
Reading Time: 1min read
0
Cryptocurrency is dead. Long live Central Bank Digital Currency!
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A much more intelligent person than me once saidthat cryptocurrency is “everything you don’t understand about money combined with everything you don’t understand about computers.” This makes me feel dangerously under-qualified writing this post, but it’s worth having a go, right?!
A colleague that I have a lot of time for recently asked me what my view on banks and cryptocurrency was. As a Product Director for Payments at a B2B2X SaaS Fintech called Currencycloud, he probably assumed that I was laden with lofty ideas on this topic. The reality is that I’m a lot closer to the definition above.

Continue read: https://www.finextra.com/blogposting/19256/cryptocurrency-is-dead-long-live-central-bank-digital-currency

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