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Stood up: China's century of broken promises » MercatorNet

Stood up: China's century of broken promises » MercatorNet
mercatornet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mercatornet.com Daily Mail and Mail on Sunday newspapers.

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China Has Never Regarded US as Friend in Past 70 Years: Retired CCP Professor

China Has Never Regarded US as Friend in Past 70 Years: Retired CCP Professor
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Future Strategy Forum: The Future of National Security and Technology

The CSIS Smart Women, Smart Power Initiative, the Henry A. Kissinger Center for Global Affairs at Johns Hopkins SAIS, and Bridging the Gap are pleased to host the 2021 Future Strategy Forum, an initiative to connect scholars who research national security with its leading practitioners. Future Strategy Forum: National Security and Technology will feature an opening keynote speech on May 10 with Anne Neuberger, Deputy National Security Advisor for Cyber and Emerging Technology and a closing keynote discussion with Rose Gottemoeller, Research Fellow at the Hoover Institution on May 11, 2021, in addition to three panels over three days exploring national security and technology, plus a war game with the Hoover Institution’s Dr. Jacquelyn Schneider. ....

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Central bankers show interest in digital currencies

The Globe and Mail
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Peter Power/The Globe and Mail
Central bankers around the world are ramping up research into digital currencies, according to the Bank of International Settlements, even as cryptocurrencies such as bitcoin are likely to remain niche products with little use as payment methods.
A survey of global central banks published by the BIS on Wednesday found 86 per cent of respondents are conducting some form of research into launching their own central bank digital currencies (CBDC), which would act as a kind of digital cash. That’s up one third from four years ago, and reflects a growing concern among monetary authorities about a decline in cash use and the growing digitalization of payment system ....

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Bitcoin 'Might Break Down Altogether,' BIS Head Carstens Warns

Bitcoin âMight Break Down Altogether,â BIS Head Carstens Warns
This content was published on January 27, 2021 - 20:00
January 27, 2021 - 20:00
(Bloomberg) Bitcoin is inherently risky and only central banks should issue digital currencies, according to the Bank for International Settlements.
âInvestors must be cognizant that Bitcoin may well break down altogether,â because the system becomes vulnerable to majority attacks as it gets close to its maximum supply of 21 million coins, BIS General Manager Agustin Carstens said in a speech for the Hoover Institution on Wednesday.
Carstens, who runs the Basel-based central bank for central banks, has often been critical of Bitcoin, which surged 300% in 2020. ....

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