Its own digital currency that could be ready for use by 2023 the countrys central bank confirmed that the prototype of the digital ruble is expected to be created by december it also confirmed that the currency will live in a hybrid technological platform combining distributive Ledger Technology and centralize control by the bank of russia this announcement also comes as china rolls out its own digital currency sparking new questions about how these central bank players will impact the world of crypto but instead of focusing on that some are claiming we should be focused on bitcoin and its role as a chinese financial weapon thats according to Billionaire And Pay Pal Founder Peter thiel who talked about the worlds most popular Crypto Currency during a recent Round Table with former secretary of state Mike Pompei oh he suggested that pick one could pose a threat to the u. S. Dollars Reserve Currency Status playing upon fear. Or that china could gain control over the crypto and use it to
Confirmed it is blacklisting 7 more chinese companies over national security concerns as it appears biden made even tougher on the aging than trump was that popular a year of record losses the Airline Industry is now looking to hire thousands of new pilots so will there be enough to fill the gap from those who are leaving the workforce well this gusset all next we have a lot to get to so lets get started. Russia is moving forward with plans to create its own digital currency that could be ready for use by 2023 the countrys central bank confirmed that the prototype of the digital ruble is expected to be created by december it also confirmed that the currency will live in a hybrid technological platform combining distributive Ledger Technology and centralize control by the bank of russia this announcement also comes as china rolls. Out its own digital currency sparking new questions about how these central bank players will impact the world of crypto but instead of focusing on that some
A moretti going to be highly suspicious of what youre about to say but his idea here is that big coin could become the weapon of china a financial weapon to be used against the west essentially unhinging the us dollar as the Worlds Reserve Currency is that true partially true well lets break it down this way will big coin replace the u. S. Dollar as the Worlds Reserve Currency quite possibly it will yes but i dont think it so much as going to replace it as a Reserve Currency what i think is much more likely to happen is that ultimately bitcoin kind of becomes the currency through which other currencies are resolved so for instance you know and were going to talk more about these other countries in a minute but you know chinas working on their digital currency russias going to have their digital currency been as well as theirs when those currencies are being exchanged at some point in the future how do you resolve the currencies well under a Reserve Currency system you would resolve the
Want all right ben lets start with those comments from thiel there what does his biggest concern seem to be. His biggest concern and by the way when youre sitting at a Round Table with former secretary of state my pump a moretti going to be highly suspicious of what youre about to say but his idea here is that big coin could become the weapon of china a financial weapon to be used against the west essentially unhinging the us dollar as the Worlds Reserve Currency is that true partially true well lets break it down this way will big coin replace the u. S. Dollar as the Worlds Reserve Currency quite possibly it will yes but i dont think it so much is going to replace it as a Reserve Currency what i think is much more likely to happen is that ultimately bitcoin kind of becomes the currency through which other currencies are resolved so for instance you know and were going to talk more about these other countries in a minute but you know chinas working on their digital currency russias goi
A paper by the Royal Society of Queensland revealed how CSG mining-induced earthquake events can cause long-lasting and "potentially irreparable damage."