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Currencies, identities, and public services are becoming digital, and so is the infrastructure of government itself. — @realyanxin, Co-founder & CEO of @Sign But before AI can interact with these systems, they need to become machine-readable: structured as data, software, and APIs. The real challenge lies underneath: privacy, access controls, and complexities invisible from the outside.
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Trading currencies won't fix what's wrong with Japan's economy (via @opinion)
Trading currencies won't fix what's wrong with Japan's economy
Fiat currencies are in an eternal bear market against gold: Since 1971, the US Dollar has lost -99.24% of its value against gold, the 2nd-largest decline among major currencies. Over the same period, the British Pound has declined -99.57%. The Euro would have lost -99.08% against gold if it had existed since 1971. Furthermore, the Japanese Yen and Swiss Franc have dropped -98.27% and -96.07%, respectively. Meanwhile, gold prices in US Dollar terms are up +11,119% over the same timeframe. Own assets or be left behind.
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Asian currencies weakened against the dollar in morning trading amid rising oil prices.
Central Bank Digital Currencies (CBDCs) are coming, but they’ll likely accelerate Bitcoin adoption as people seek true decentralization. 🔥 🧳 👑
From selected market currencies to USDPT in just a few steps. @WesternUnion Fast, simple, and now available across LATAM. 🌎 #Bybit# #NewFinancialPlatform#
Quick poll: when you need to convert currencies, what do you actually do? 🔵 Check three different apps for the best rate 🟡 Just use your bank and quietly accept the markup 🟣 Send it to a friend in the right country ⚫️ Honestly have no idea what rate you're getting There might be a better way. More soon.
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"Major economies will not allow their currencies to become structurally disadvantaged in an increasingly internet-native financial system." If you believe this, then tokenized EUR is likely to grow alongside the digitization of global finance.
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