7 Central Banks Walk Into A Bar...
7 Central Banks Walk Into A Bar...
Plus more blacklist addresses from Tether
Happy Friday, Blockfolians
The Lede
There is no doubt that central bank digital currencies are one of the key narratives of crypto 2020. Every day it seems like another country throws its hat into the ring to begin research or even trials of a new digital currency.
Today, seven central banks and the Bank for International Settlements put out a 26-page report on how CBDCs should be designed.
As you can see from the image below, the report goes deep on specific features:
Perhaps even more significant, however, is the caliber of the banks involved:
Bank of Canada
Bank of England
Bank of Japan
European Central Bank
Sveriges Riksbank
Swiss National Bank
Federal Reserve
What’s clear is that this isn’t just a small government thing. The partners here represent some of the largest central banks in the world. For better or worse, CBDCs are coming.
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Highly Relevant Reading
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If you’re reading this, we don’t know how you wouldn’t know already…but just in case…bitcoin is over $11k
Community Commentary
Apparently these big moves into Bitcoin as a treasury asset aren’t limited to companies
Rumors of Andre’s decline have been greatly exaggerated
A Really Big Number We Should Be Paying Attention To
100
That’s the number of Ethereum addresses Tether has blacklisted - most of them in 2020 - calling into question how truly censorship resistant it is
Final Thought
Apparently some bitcoiners thought Jack should have done more than 1%
