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

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

/policy/2020/01/24/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