The announcement of the possible issuance of a yuan-based stablecoin suggests that Beijing is considering a new step towards detaching itself from the US-controlled monetary system to establish its own currency as a global asset by Andrea Monti – Initially published in Italian by Formiche.net Continue reading “The role of the yuan-based stablecoin in China’s global strategy”
Novi and Diem’s True Face
Facebook’s currency and the system for its peer-to-peer transfer once again confront States with their progressive loss of sovereignty and transfer individual wealth into the hands of a private entity in exchange for a ‘voucher’ by Andrea Monti initially published in Italian by Strategikon an Italian Tech Blog Continue reading “Novi and Diem’s True Face”
Stay away from blockchain and cryptocurrencies, says nerd
Blockchain, cryptocurrencies, NFTs and smart contracts are all the rage. They promise (yet another) revolution. They attract public and private investment. They allow those who have embraced them to make fortunes and lose everything. They are also, however, the umpteenth step towards electronic slavery masquerading as a dream of freedom. Thanks to these technologies – but more generally to how the IT market works – we transfer control over the economic and intellectual value we create with our work and thought efforts to private operators. In exchange for what? by Andrea Monti – Initially published in Italian by Strategikon – an Italian Tech Blog. Continue reading “Stay away from blockchain and cryptocurrencies, says nerd”