What is CBDC?
Central bank digital currency, CBDC or digital currency is the digital form of fiat money. Fiat money being a currency established as money by government regulation, monetary authority or law. The present concept of CBDCs was directly inspired by Bitcoin, but CBDC is different from virtual currency
and cryptocurrency, which are not issued by the state and lack the legal tender status declared by the government. CBDCs are presently in early hypothetical stage, with some proof-of-concept programmes. |
Who is Gregory Mannarino?
About me: The Lion of Wall St, also known as "The Robin Hood Of Wall Street," my name is Gregory Mannarino. I am an active/full time trader of the capital markets with a world-wide following.
Born on July 22, 1965, I became interested in "Wall Street," like many others at the time, in 1987 after
seeing the movie Wall Street with Michael Douglas. Around that time I was able to get an entry level position, then subsequently to the trading floor, at the now defunct bank Bear Stearns, but within a relatively short time realized that working on Wall Street was not like the movies and moved on. I went on to get a medical degree and practiced medicine as a Physician Assistant beginning in 1996, now retired from practice. I also served in the United States Naval Reserve Medical Service Corps, having attained the rank of Lieutenant. I even published a book on casino Blackjack strategies years later, and was banned from playing the game in Las Vegas casinos. |
| 1.China to launch official CBDC digital currency in drive to Cashless society | Economist |
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