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“# Pomp says US digital dollar needs to happen now ” Recent comments from Jerome Powell, the chairman of the U.S. Federal Reserve, show the American government is not especially concerned with speed when it comes to developing a central bank digital currency, or CBDC. In contrast, Morgan Creek Digital co-founder Anthony Pompliano argues that time…
“# Filecoin creator denies strike allegations ” Juan Benet, the creator of Blockchain-based data storage platform Filecoin, has called allegations that miners of its token have been on strike since Saturday “nonsense.” According to a report by 8btc.com, five of the largest Filecoin miners turned off their machines to protest the project’s “unfair” economic model, which currently…
“# Better to get it right than to be first with CBDC, says US Fed chair ” The United States will not be issuing a digital dollar until the Federal Reserve resolves all questions around a potential central bank digital currency, or CBDC, according to the Fed’s chairman, Jerome Powell. Powell claimed that he is…
“#Chinese economy growing as world still reels from COVID-19” China’s economy grew nearly five percent in the third quarter of this year, as the Communist power races toward an economic recovery while leaving behind other nations crippled by the coronavirus pandemic. The country’s gross domestic product expanded 4.9 percent from July to September, government statistics…
“# 95% of winners in China’s CBDC lottery spent digital yuan prizes ” The vast majority of China’s $1.5 million digital yuan lottery winners have received and spent their “red packets” of digital yuan. As of Oct. 18, a total of 47,573 out of 50,000 lottery winners in China have received their prizes, Shenzhen authorities…
“#Media avoiding The Post’s Hunter Biden stories as much as Joe: Devine” For three days, Joe Biden refused to say a word about The Post’s exclusive stories last week linking him to his son Hunter’s business deals in the Ukraine and China. It wasn’t till 7:45 p.m. Friday, at the Detroit airport that the former…
“#Why Trump’s push to ban WeChat would be hard on the Chinese diaspora” Chinese Americans are waiting nervously to hear whether the Trump administration’s efforts to ban the app WeChat in the US will be successful. Donald Trump issued an executive order on August 6 placing the Chinese-owned app in the firing line, claiming it…
“# Bitcoin mining’s future is green, and Russia has the best chance ” Last month, Chinese President Xi Jinping, declared that China has plans to become carbon neutral by 2060, calling for a “green revolution.” If the plan is properly implemented, it could help China to finally shed its biggest-polluter status and significantly improve the…
“#China warns it will take Americans hostage if charges aren’t dropped” Beijing is threatening to take Americans in China hostage if the Department of Justice doesn’t drop its prosecution of several Chinese research scientists arrested on U.S. soil this year, according to a report on Saturday. Chinese government officials have repeatedly warned their U.S. counterparts…
“#What did Joe Biden know about Hunter’s crook emails?: Goodwin” Now that some secrets of the Biden family business are no longer secrets, it’s easy to imagine Joe Biden asking the same question Robert Redford asked in the 1972 film “The Candidate.” After winning a Senate race he didn’t expect to win, Redford turns to…