BREAKDOWN: Davos, CBDCs, and the Rise of Bitcoin Art

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That’s a wrap! The World Economic Forum is over, and the key ideas coming out of Davos for our industry are: 1) a continued ‘blockchain, not crypto’ narrative; 2) a believe in the inevitability of cashless futures (without much concern about the negative implications); and 3) the rise of CBDCs. On the CBDC front, the WEF put out a toolkit for governments that are considering their own currency; Japan announced a project to explore a digital currency as a counterweight to the influence a digital yuan might bring China; and a BIS study says 1 in 10 governments anticipate having a digital currency within 3 years. Finally, we close asking prolific bitcoiner and artist Brekkie von Bitcoin about the state of bitcoin art and why even the hardcore financially-minded folks in the space should care. Topics Discussed The WEF wraps up and it’s all ‘blockchain not crypto’ and cashless futures https://www.coindesk.com/notes-from-the-wef-cash-is-dead-long-live-digital-cash 1 in 10 central banks planning CBDCs in the next 3 years https://www.wsj.com/articles/central-banks-warm-to-issuing-digital-currencies-11579796156 Japan floats idea of digital currency to counteract influence of China https://www.reuters.com/article/us-japan-economy-digital/japan-ruling-party-lawmakers-to-float-idea-of-issuing-digital-currency-idUSKBN1ZN0OU Brekkie’s Bitcoin Art Newsletter https://www.vonbitcoinart.com/newsletter See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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