CBDC Explained - The Difference Between CBDCs and Cryptocurrency / Animation скачать в хорошем качестве

CBDC Explained - The Difference Between CBDCs and Cryptocurrency / Animation

What is a CBDC? Curious about the CBDC meaning in our economy? In this video, we will have CBCD explained to you, how does one work, make a CBDC vs cryptocurrency comparison, and see what connections are there between the CBDC crypto worlds. Stay with us until the end and you’ll know the basics for every CBDC currency. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Use code word CRYPTO to join https://www.insightfulme.com/ Visit Our Website: Crypto Robin: https://cryptorobin.com Cryptomatics: https://cryptomatics.media SUBSCRIBE to our Channel: https://cutt.ly/QSTdqlR ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ The main topics of the video are: ▶ What is a CBDC ▶ How does a Central Bank Digital Currency Work? ▶ The differences between CBDC and Cryptocurrency ▶ Pros and Cons ▶ Conclusions ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 🟡 What is a CBDC A CBDC or a Central Bank Digital Currency represents a digital token issued by a central bank that has its value pegged to that country’s fiat currency and it’s similar to a cryptocurrency because it uses blockchain technology. 🟡 How does a Central Bank Digital Currency Work? A Central Bank offers physical money in the form of banknotes which are then used to make various kinds of payments. A CBDC would be issued by the Central Bank and it would represent electronic money which then can be used by businesses and households 🟡 The differences between CBDC and Cryptocurrency There are several differences between CBDCs and cryptos. For example, while both of them use blockchain technology, CBDC rely on permissioned or private blockchains, while crypto uses permissionless or public blockchain. 🟡 Pros and Cons On one hand, CBDCs offer efficient and secure payments, but they are completely controlled by central banks. Furthermore, CBDCs are easy to track, but we may see competition between central and commercial banks. 🟡 Conclusions A CBDC is not a cryptocurrency. The idea to create a CBDC stems from crypto, and there are similarities, since both would use blockchain technology, but, at the end of the day, they are different types of digital currencies. ~~~~~~~~~~~~~~~~~~~~~~~~~~~ CHAPTERS - 0:00 What is a CBDC 0:28 How does a Central Bank Digital Currency Work? 1:13 The differences between CBDC and Cryptocurrency 2:13 Pros and Cons 2:52 Conclusions 3:42 Outro ~~~~~~~~~~~~~~~~~~~~~~~~~~~ ⛓️ 🔗 Useful Links 🔗⛓️ ► https://www.investopedia.com/terms/c/... ► https://www2.deloitte.com/global/en/p... ► https://finance.yahoo.com/news/differ... ► https://www.coindesk.com/learn/what-i... ► https://www.fool.com/investing/stock-... ~~~~~~~~~~~~~~~~~~~~~~~~~~~ 💎 Watch Our Top Videos:⬇⬇⬇ 👉 The Biggest Crypto Scams ↪↪    • The Biggest Crypto Scams | Animation | GIV...   👉 Bull Market vs Bear Market ↪↪    • Bull Market vs Bear Market | Where are we?...   👉 What is DeFi? ↪↪    • What is DeFi? / Decentralized Finance Expl...   👉 Crypto Wallets - How safe are they? ↪↪    • Crypto Wallets - How safe are they? / Anim...   👉 FANTOM - Haunting the DeFi world- ↪↪    • FANTOM - Haunting the DeFi world | FTM Exp...   👉 How to use Binance / Tutorial for Beginners ↪↪    • How to Use Binance | Binance Tutorial for ...   If you enjoyed watching our video you can support us by hitting the like and subscribe buttons. If you have any questions, don't hesitate to write them in the comments sections. Thank you SUBSCRIBE for more videos: https://cutt.ly/QSTdqlR ======================💎HashTags💎====================== #CBDC #CBDCExplained #CBDCcrypto #Animation #Cryptomatics #Blockchain #Crypto