Elon Musk is buying Twitter, let that sink in. His new title, Chief Twit.
The guy has has a sense of humor.
The richest man in the world, the man who built digital payments company PayPal, now has one of the worlds largest digital social platforms, one which transcends boarders and governments.
It’s expected he will integrate digital currencies at Twitter, (Bitcoin and possibly Doge), to build a worldwide marketplace, digital payments banking network and improved social network.
I wouldn’t bet against him.
Also in the news this week….
Supply and demand.
Bitcoin Percent Supply On Exchanges Shrinks To 12.2%
“JPMorgan is exploring the idea of a digital wallet that would allow users to control their digital identity and assets across platforms, though the potential offering’s level of decentralization remains to be seen.”
Wonder why
Jamie Diamond is so interested in digital identity and wallets?
“
A CBDC can allow government agencies and
private sector players to program, to create smart contracts, to allow targeted policy functions.”
He proceeded to give a couple of examples, such as welfare payments, consumption coupons, and food stamps. Money can be programmed a targeted for one type of use, he stated.”
They failed to mention that they can also program the way you are allowed to spend the money you earn. Don’t trust any of these guys with your money.
There’s no need for CBDC’s. We need to separate money from state and these centralized banks.
Bitcoin does that.