Ethereum should be the premier blockchain platform for CBDC's to run on according to Joseph Lubin, one of the co-founders of ethereum.
If you love CBDCs (aka government run digital dollar tokens), then ethereum is for you.
“CBDCs give central banks future-oriented tools to allow them to implement monetary policy in more direct,
innovative ways and keep pace with technological change.”
--Joseph Lubin
Founder of ConsenSys and Co-Founder of Ethereum
https://consensys.net/solutions/payments-and-money/cbdc/
Why Blockchain and Ethereum for CBDC
Blockchain technology bring unique advantages to a CBDC. Ethereum in particular is the most production-ready blockchain to support CBDC requirements in terms of scalability and privacy.
System trust. A blockchain-based CBDC enables central banks to control the currency while protecting the privacy and independence of the CBDC’s use to the end users. We believe it is critical that users are not locked in by intermediaries so that they trust and use the CBDC.
Programmability. CBDC rules can be hard-coded in the protocol to facilitate compliance, i.e. wallet thresholds or third-party access to the system.
Data availability. Distributed systems such as blockchains ensure data availability and resilience, in addition to trust and transparency around transaction history. Ethereum has proven its capacity to support very large networks with 10k+ nodes and hundred thousands of users.
Innovation. A blockchain-based CBDC benefits from the innovative products and services that are being built across the open source blockchain ecosystem, including non-custodial wallets, zero-knowledge cryptography, and decentralized finance. Ethereum is the largest blockchain ecosystem in the world, with over 350,000 developers.
https://consensys.net/solutions/payments-and-money/cbdc/
Topic: JP Morgan was a major early investor in Ethereum? (Read 123 times)
Reason #1001 why I only invest in bitcoin. Everything else is a copycat scam token.
...
Are those your videos OP? Because it seems to me you are more interested in dropping the links to those videos than to actually spark a discussion about them, I say this because most of the content of your post are just the links themselves and the titles of the videos while you give us almost nothing about some of the content we could find in them, and I doubt many users are going to sit down and watch several videos when so little motivation is given to watch them....
The videos provide information. Whether you agree with the content is up to you.
As we have seen with the implosion of several top altcoins in the last year altcoins are garbage IMO, and these videos help to explain why they are garbage.
They are controlled by a person or small group of persons (Vitalik Buterin, Do Kwon, Hoskinson, Bankman-Fried with FTT token, etc) which makes them not decentralized. They have a large premine with large allocation of presale tokens awarded to VC investors who have proceeded to dump their tokens on retail, so on and so forth. In short they are everything bitcoin is not and goes against what bitcoin stands for. they are basically unregistered securities or the equivalent of penny stocks run by boiler room scam artists. Notice how many of these shady characters such as Buterin and Bankster-Fraud have openly trashed bitcoin claiming theirs are superior.
Major? Is this another false accusation or what? JP morgan never involved in ethereum since ethereum was launching its ICO back in 2014. I just suggest you to take a look at ethereum official announcement thread. it's much more accurate rather than falso accusation like this lol. Ethereum was not even doing private sale. There was only ICO in the past. So many people have bought it. Mostly of old members were also participated in the ethereum ICO that ran on ethereum.org.
Those videos were so biased from the start it was painful to watch. Even if there would be scratch of truth in it, the whole video could be summarized to "Bankers and rich people are evil". And somehow bitcoin doesn't have evil banker people holding it or any insanely large unknown whales and everything is ok. And obviously history of bitcoin is super normal and doesn't have any shady or controversial people in it.And i want to point out that these are somewhat old and obviously part of a large miner FUD campaign against PoS. It didn't make any sense at the time, and now it's surfacing for some tin foil hats that are reading and watching it.
I am guessing that people will share this crap still 10 years from now as a fact to sell their own PoW altcoins. While same time telling people how whole PoS ecosystems with their L2s will come down and their magic POW with 2 mining farms will be resilient.
They think retail buyers should always give their money through buying new coins minted by miners. i don't like that. Remember some blockchains were dominated miners who were deciding everything and trying to collude.
As long as the Ethereum blockchain is popular among developers and investors, it will not turn into a scam. The network is constantly supported by a large number of projects and miners, which are now PoS miners. Of course bitcoin is more reliable investment, but it is definitely not worth sending Ethereum to the category of scam tokens. Of course, ETH has many disadvantages, but no one can dispute the fact that Ethereum is the blue chip of cryptocurrencies.
Reason #1001 why I only invest in bitcoin. Everything else is a copycat scam token.
...
Are those your videos OP? Because it seems to me you are more interested in dropping the links to those videos than to actually spark a discussion about them, I say this because most of the content of your post are just the links themselves and the titles of the videos while you give us almost nothing about some of the content we could find in them, and I doubt many users are going to sit down and watch several videos when so little motivation is given to watch them. ...
Reason #1001 why I only invest in bitcoin. Everything else is a copycat scam token.
I would say there will always be some people who will find hatred, and for some reason they enjoy that, and I do not get why. There are so many people out there who hate stuff that has nothing to do with them as well, like why are you angry at something that doesn't even matter to you. In this regard, if you really want to invest into ETH and won't because of this, then just avoid it and move on.JP Morgan did invested into crypto as a whole a few years back, I wouldn't be shocked to learn they got some ETH too considering it's the second biggest coin, but if that makes you not want to invest, then I fear to say that they have billions in bitcoin as well, and they could sell at any moment.
Major? Is this another false accusation or what? JP morgan never involved in ethereum since ethereum was launching its ICO back in 2014. I just suggest you to take a look at ethereum official announcement thread. it's much more accurate rather than falso accusation like this lol. Ethereum was not even doing private sale. There was only ICO in the past. So many people have bought it. Mostly of old members were also participated in the ethereum ICO that ran on ethereum.org.
Those videos were so biased from the start it was painful to watch. Even if there would be scratch of truth in it, the whole video could be summarized to "Bankers and rich people are evil". And somehow bitcoin doesn't have evil banker people holding it or any insanely large unknown whales and everything is ok. And obviously history of bitcoin is super normal and doesn't have any shady or controversial people in it.And i want to point out that these are somewhat old and obviously part of a large miner FUD campaign against PoS. It didn't make any sense at the time, and now it's surfacing for some tin foil hats that are reading and watching it.
I am guessing that people will share this crap still 10 years from now as a fact to sell their own PoW altcoins. While same time telling people how whole PoS ecosystems with their L2s will come down and their magic POW with 2 mining farms will be resilient.
Not sure if JP Morgan or any bankers are early investors of Ethereum, regardless though, it is still the best altcoins out there behind Bitcoin, so it might be a good investment after all.
As for Bitcoin, the answer is simple, it's too big to fall, so it's really good if we just put our money on it and let it grow.
At least you can sleep at night knowing that it will not go down to 0, just saying.
As for Bitcoin, the answer is simple, it's too big to fall, so it's really good if we just put our money on it and let it grow.
At least you can sleep at night knowing that it will not go down to 0, just saying.
We are all for bitcoin and my major holdings is in bitcoin. But, I can't deny the fact that there are a lot of utilities and use case done through Ethereum and that's why even JP Morgan is also investing on it. They're not the only company that's known in investing in Ethereum.
Well, I don't watch those suggested videos as they might take a lot of minutes. But use cases and features done by Ethereum's smart contract can be done and applied to many companies if they want to. It's like another technology that every company needs to scale up their business.
Well, I don't watch those suggested videos as they might take a lot of minutes. But use cases and features done by Ethereum's smart contract can be done and applied to many companies if they want to. It's like another technology that every company needs to scale up their business.
Reason #1001 why I only invest in bitcoin. Everything else is a copycat scam token.
What makes you think that bitcoin is 100% clean? That it was not made by CIA or other organization?
Why the fact of J.P. Morgan being secred, seed investors makes ETH not worth to use/invest?
What's wrong with consulting ETH's business model (tokenomics) with the bankers from J.P Morgan?
I did not spend time to watch videos and read articles to verify what OP included but I won't be surprised if JP Morgan lied about Bitcoin and Ethereum but behind the scenes, they actually invested in Bitcoin and Ethereum.
As entities that aim at profit financially and from investment, they won't ignore assets that can help them become richer. Like influencers, they can have bad mouths and words about Bitcoin many years but later we knew they actually invested in Bitcoin far in the past too.
Don't trust them and do your own research about Bitcoin, have your own thinking and belief in Bitcoin. If you have your solid belief in Bitcoin, make your investment decision that should not be affected by banks, influencers.
As entities that aim at profit financially and from investment, they won't ignore assets that can help them become richer. Like influencers, they can have bad mouths and words about Bitcoin many years but later we knew they actually invested in Bitcoin far in the past too.
Don't trust them and do your own research about Bitcoin, have your own thinking and belief in Bitcoin. If you have your solid belief in Bitcoin, make your investment decision that should not be affected by banks, influencers.
Major? Is this another false accusation or what? JP morgan never involved in ethereum since ethereum was launching its ICO back in 2014. I just suggest you to take a look at ethereum official announcement thread. it's much more accurate rather than falso accusation like this lol. Ethereum was not even doing private sale. There was only ICO in the past. So many people have bought it. Mostly of old members were also participated in the ethereum ICO that ran on ethereum.org.
Reason #1001 why I only invest in bitcoin. Everything else is a copycat scam token.
------------------------
Ethereum Is Captured Banker Coin (Shocking Revelations)
https://www.youtube.com/watch?v=YDmwyyhpqTE
Ethereum's Dirty History
https://www.youtube.com/watch?v=GuvPcUkea58
Ethereum's Dirty History Part 2
https://www.youtube.com/watch?v=U_t-5czHYQY
Ethereum's Fatal Flaw
https://www.youtube.com/watch?v=YWkW71r70oM
Ethereum's Biggest Betrayal
https://www.youtube.com/watch?v=lFgwRCl4ghs
------------------------
Ethereum Is Captured Banker Coin (Shocking Revelations)
https://www.youtube.com/watch?v=YDmwyyhpqTE
Ethereum's Dirty History
https://www.youtube.com/watch?v=GuvPcUkea58
Ethereum's Dirty History Part 2
https://www.youtube.com/watch?v=U_t-5czHYQY
Ethereum's Fatal Flaw
https://www.youtube.com/watch?v=YWkW71r70oM
Ethereum's Biggest Betrayal
https://www.youtube.com/watch?v=lFgwRCl4ghs
Jump to: