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Showing posts from February, 2023

Can Central Bank Digital Currencies (CDBC) Wash Bitcoin and Other Crypto-Currencies Down the Drain ?

T oday’s Central Banks have started initiating their own Central Bank Crypto Currencies to take over stablecoins and Crypto Currencies like Bitcoin, ETH, DAI and many more. Can CDBCs really wash them down the drain by totally replacing them both in acceptance and utility over the solutions and services that these Decentralized Digital Assets have come in to solve ? These digital assets which Bitcoin is the first of it’s kind to solved the double spending problem in a decentralized and permissionless manner which is transparent and secure like paper and coins money have helped the banking system to improve on Fiat Digital Currency which are called Central bank Digital Currencies (CDBCs), some of these Decentralized Digital Assets will stay the test of time while others will  phase-out by Government Regulations and not been able to catch up with modern trends causing them to loose participators. To know which and which to stand the test of time to keep her word and value is not mine ...

Have AI Come to take Job from Anyone?

  I read Post and articles of how AI(Artificial Intelligence) have come to take people out of service, doing every form of computer programming and handling all sorts of tasks, that one day Man will seat down doing nothing but just enjoy life as a being while AI will handle all tasks for him, though anything is possible but with downsides due to the nature and standard on how man have attained to in perfection. Just as spoon did not take over the use of hand while eating, we all started eating with bare hands before we learned how to use cutlery, chopstick or whatever is used in our locality, the spoon did not make us stop picking up pastries and candies or nuts with our bare hands,some fruits are held with bare hands while eating them till date as someone may be dong while reading this post right now, they only enhanced how we render comfort to our well being. The mobile phone has not taken away the laptop since there are features that mobile is not meant to do.Laptop did not take...

Crypto-Currency Exchange Platforms

  The very first Crypto-Currency Blockchain, Bitcoin Blockchain which solved the double spending problem and with her introduction of Crypto-Economics only came with the ability to transfer her coin from one wallet to another to fulfill settlement of transactions for payment, no other form of investments or transactions other than the zero level sending and receiving of coins to and from crypto wallet addresses that meet to her blockchain standard. As the ecosystem began to grow and emergence of other Crypto-currencies like Ethereum, the need to exchange one Crypto-Currency for another to take advantage of price differences and make profit from such an act was open for the taking, causing a trend that is exactly what is going on today in foreign exchange of fiat currencies around the world that both banks and non banking establishments take advantage of for profit bases was born into the crypto space. This system that stands in sharp comparison with foreign exchanges in the World F...