Emerging CBDC and Demise of Monetary System | Gregory Mannarino

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Uploaded: 23 Apr 2025   (1 year ago)  ·  Shared: 16 May 2025

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DISCLAIMER: This post is for informational purposes only and does not constitute an offer, recommendation, or solicitation to buy or sell securities. Nor does it constitute in any way or suggest in any way that you as an individual investor, corporate investor or otherwise, should engage in trading or investing in any such asset/stock/exchange traded fund, etc. which may be posted or discussed here. None of the information or analyses presented are intended to form the basis for any investment decision, and no specific recommendations are intended. Accordingly, this publication does not constitute investment advice or counsel or solicitation for investment in any security. This publication does not constitute or form part of, and should not be construed as, any offer for sale or subscription of, or any invitation or offer to buy or sell any securities, nor should it or any part of it form the basis of, or be relied on in any connection with, any contract or commitment whatsoever. Gregory Mannarino and any affiliate thereof expressly disclaims any and all responsibility for any direct, indirect, or consequential loss or damage of any kind whatsoever arising directly or indirectly from: (i) reliance on any information contained in this publication, (ii) any error, omission, or inaccuracy in any such information or (iii) any action resulting therefrom.
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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.

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.

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