Bitcoin as catalyst for Central Bank Digital Currencies (CBDC) | Dr. Cyrus de la Rubia

In this presentation Dr. Cyrus de la Rubia, Chief Economist at Hamburg Commercial Bank AG, is talking about the differences between bitcoin and central bank digital currencies (CBDCs) and how one led to the other.

While many economist still fight about the question if Bitcoin is money or not, central banks are not willing to wait for an answer. Instead, they are thinking about modernising their money system via Central Bank Digital Currency (CBDC). There are many motives for central banks to setting up research projects about CBDC. However, it is clear that Bitcoin’s main technological invention of being able to transfer value through the internet in an immutable way requires monetary authorities to rethink their own technology. The presentation will be about the main differences between Bitcoin and CBDC and why Central banks may have a good chance to survive the disruptive Bitcoin-technology if they act soon.

This presentation was performed during the Value of Bitcoin conference on June 3rd 2019 in Munich – https://vob-conference.com/
Follow the Value of Bitcoin Conference on Twitter – http://www.twitter.com/ValueOfBitcoin

This Video is brought to you by Vaultoro, Crypto Commodity Exchange – https://www.vaultoro.com/

Thank you to our conference sponsors!
BayernLB – https://www.bayernlb.com
Fidelity Digital Assets – https://fidelitydigitalassets.com
MaibornWolff – https://Maibornwolff.de

(Visited 79 times, 1 visits today)

You might be interested in

LEAVE YOUR COMMENT

Your email address will not be published. Required fields are marked *

eos
EOS (EOS) 1,04 6,00%
aave
Aave (AAVE) 119,53 2,86%
the-graph
The Graph (GRT) 0,373171 2,53%
kusama
Kusama (KSM) 45,56 1,33%
waves
Waves (WAVES) 3,69 2,28%
dash
Dash (DASH) 37,00 3,65%
bitcoin
Bitcoin (BTC) 65.344,01 0,62%
ethereum
Ethereum (ETH) 3.295,65 0,82%
cardano
Cardano (ADA) 0,612528 1,81%
tether
Tether (USDT) 0,928403 0,39%
xrp
XRP (XRP) 0,584018 1,25%
solana
Solana (SOL) 173,09 1,00%
polkadot
Polkadot (DOT) 8,93 1,26%
usd-coin
USDC (USDC) 0,928403 0,06%
dogecoin
Dogecoin (DOGE) 0,201666 0,63%
uniswap
Uniswap (UNI) 11,92 3,59%
terra-luna
Terra Luna Classic (LUNC) 0,000145 0,87%
litecoin
Litecoin (LTC) 96,94 10,31%
chainlink
Chainlink (LINK) 17,70 1,24%
bitcoin-cash
Bitcoin Cash (BCH) 574,73 9,07%
algorand
Algorand (ALGO) 0,256904 2,53%
matic-network
Polygon (MATIC) 0,926285 1,24%
stellar
Stellar (XLM) 0,132856 4,18%
cosmos
Cosmos Hub (ATOM) 11,54 1,28%
filecoin
Filecoin (FIL) 9,14 8,22%
tron
TRON (TRX) 0,111679 0,06%
ethereum-classic
Ethereum Classic (ETC) 31,60 5,43%
dai
Dai (DAI) 0,926550 0,31%
tezos
Tezos (XTZ) 1,32 3,21%
monero
Monero (XMR) 125,43 0,52%