Saturday, April 30, 2022 9:24:24 PM
“If your currency is as devalued as the bolivar or the peso, you’d look for protection – there was gold, now there is crypto,”
“Just seeing the appetite for virtual assets and tokens would justify us developing a safe virtual coin,” said Fabio Araújo, head of the Central Bank’s Real Digital project. But he said the main challenge is to develop global standards. “A virtual coin doesn’t see borders. We need a level of coordination that has never happened before,” he said.”
“I would compare to sending an email in 1994. It was possible, but not many people could receive it. Now look at where we are.”
AABBG gold backed crypto, best of both worlds.
https://www.americasquarterly.org/article/is-crypto-the-path-to-financial-inclusion-in-latin-america/
"Be fearful when others are greedy, and greedy when others are fearful."
_Warren Buffett
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