Fintech & Blockchain

Russia, Iran Eye Issuance Of Stablecoin Backed By Gold

After the decoupling of gold from the dollar in 1971, central banks decried “Gold is dead”, “Gold is not money”, Gold is obsolete”; and thus, the war on gold began, even though those same central banks were quietly accumulating vast stores of gold. Now, suddenly, gold is resurrecting as the most important monetary asset in the world.

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Bank for International Settlements Lowers The Boom On Cryptocurrencies

Fintech is the chosen financial system for Sustainable Development. Today’s cryptocurrencies will be completely driven out of existence by Central Bank Digital Currencies (CBDCs) which collectively serve to “build trust in sovereign currencies.” Technocrats will not allow the existence of things they cannot control, so unfortunately, crypto’s days are numbered.