Planning For The End Of Banks & Card Processors

As technology continues to revolutionize the way people live, work and spend, central banks around the globe have kicked off efforts to reinvent their local currencies for the digital era. Now, the United States is the latest to signal “urgency” in researching a potential digital version of its dollar via a Central Bank Digital Currency, or CBDC.

Part of President Joe Biden’s executive order regarding digital assets on Wednesday includes “placing urgency on research and development of a potential United States CBDC, should issuance be deemed in the national interest,” according to an accompanying fact sheet released by the White House.…

Who notes this isn’t so much as the government getting into cryptocurrency but digitizing the paper dollars and coins people pretend are still important next to digital balances and transaction amounts…

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Bitcoin2022 in Miami. Some Clips.

Wyoming Senator - Cynthia Lummis
I believe she thinks the US will go towards stable coins vs. CBDC. Or was that Michael Saylor.

Strike/Lightning-Long history (~25min) of 60yrs of credit card payments for the first half.
Jack Mallers, CEO of Strike, Partnership with Shopify, NCR, and the Blackhawk Network – the three global payment-system leaders - to enable Bitcoin transactions at outlets all over the USA.
@31:24 - 40 companies listed starting with Mcdonald’s, Walmart, Macy’s, Circle K, Bed Bath & Beyond, Kroger, Chick-Fil-A, BWw, Wendy’s Krispy Kreme, Tim Hortons, Red Robin, Chipotle,…
@32:26 - 3 Examples of making a lightning payment at a store

1 day recap article. I think this was actually day 2 (the first of 2 days open to the public)…

kthomsen - Long Bitcoin, Crypto and BlockChain!