Joined: 05.07.2020   
Anna Starlizs             
in Blockchain since 2016
#BITCOIN #CryptoCurrency #Ethereum #Crypto #Freelancer #Bounty Hunter #blockchain #ICO #Bounty #AirDrop #Altcoin
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Anna has commented "szia"

Not just a legal technicality
Any money issuance is a form of debt for the central bank, so it must have a solid basis to avoid legal, financial and reputational risks for the institutions. Ultimately, it i...s about ensuring that a significant and potentially contentious innovation is in line with a central bank’s mandate. Otherwise, the door is opened to potential political and legal challenges.
Now, readers may be asking themselves: if issuing money is the most basic function for any central bank, why then is a digital form of money so different? The answer requires a detailed analysis of the functions and powers of each central bank, as well as the implications of different designs of digital instruments.
Building a case for digital currencies
To legally qualify as currency, a means of payment must be considered as such by the country’s laws and be denominated in its official monetary unit. A currency typically enjoys legal tender status, meaning debtors can pay their obligations by transferring it to creditors.
Therefore, legal tender status is usually only given to means of payment that can be easily received and used by the majority of the population. That is why banknotes and coins are the most common form of currency.
To use digital currencies, digital infrastructure—laptops, smartphones, connectivity—must first be in place. But governments cannot impose on their citizens to have it, so granting legal tender status to a central bank digital instrument might be challenging. Without the legal tender designation, achieving full currency status could be equally challenging. Still, many means of payments widely used in advanced economies are neither legal tender nor currency (e.g., commercial book money).
Uncharted waters?
Digital currencies can take different forms. Our analysis focuses on the legal implications of the main concepts being considered by various central banks. For instance, where it would be “account-based” or “token-based.” The first means digitalizing the balances currently held on accounts in a central banks’ books; while the second refers to designing a new digital token not connected to the existing accounts that commercial banks hold with a central bank.
From a legal perspective, the difference is between centuries-old traditions and uncharted waters. The first model is as old as central banking itself, having been developed in the early 17th century by the Exchange Bank of Amsterdam—considered the precursor of modern central banks. Its legal status under public and private law in most countries is well developed and understood. Digital tokens, in contrast, have a very short history and unclear legal status. Some central banks are allowed to issue any type of currency (which could include digital forms), while most (61 percent) are limited to only banknotes and coins.

https://altcoinn.com/showthread.php?tid=7869
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Anna has given a stick to this post

EUBI Coin website launching date: 1. February 2021

New Services!

- Crypto Wallet Insurance

- Collateral Protection for Crypto-backed Loans

- Exchange Insurance

New A...irdrop is coming! Stay tuned!

Join to our Telegram group
https://t.me/joinchat/GDQKo6n8GZdnXRXA

Join to our Discord group
https://discord.com/invite/pVv7BHH5h4

Buy EUBI tokens
https://www.mintme.com/token/EUBI

All EUBI token holders will receive EUBI COIN as BONUS.!

EUB Insurance to create its own financial services ecosystem.It opens up the insurance services market with unique new applications.

Each EUBI token holder also becomes an EUBI coin holder and receives a profit share.

The EUBI token profit sharing program will also continue as originally planned.

A detailed roadmap will be provided soon.

https://www.mintme.com/token/EUBI
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Anna has commented "Bonjour"

This time the banks are joining in. Still in the plans since they haven't set a date yet.

https://cryptobriefing.com/coinbases-30-billion-ipo-to-be-led-by-goldman-sachs/

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Anna has created this post

If we look back at 2017, this should be the time for price to start going up.

There is no real reason why we would not see a new ATH in the next 365 days from now.

Bitcoin is more mature than ...ever, a way bigger market than ever, the major global economies are printing funny money fiat literally by the TRILLIONS, more than ever, and put an unlimited unbacked debt-based currency printed by the trillions, owned by a private company (USD) vs a 21 million coin supply of an open-source currency featuring 21st century technology?

This all boils down to my gut screaming:
Don't bet against bitcoin.
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Anna has created this post

Enterprise-focused blockchain company ShareRing has launched a blockchain based contact tracing solution it will offer to 2.6 million hotel and activity providers that currently use one of the company’s service...s. The anonymous e-passport app hopes to solve the privacy issues facing similar tracing apps.

Read more: https://cointelegraph.com/news/can-blockchain-e-passports-help-save-the-tourism-industry
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