DIGITAL COINS: Cryptocurrencies have still not overthrown the monetary system, they have failed to become anything more than a speculative investment While bitcoin hits the headlines with every surge in its price, it has failed to deliver on its initial promise to be used as a payment method. The main reason is that cryptocurrencies are not […]
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CRYPTOCURRENCY: This initiative by the French central bank, for a “digital euro”, is a first in the eurozone An “e-euro” to counter Facebook’s Libra. This is the ambition of the Banque de France, which will launch experiments next year to develop a “central bank digital currency” (MDBC). It will be dedicated to “wholesale” transactions, that is to say very […]
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CURRENCY: The price of Bitcoin peaked in December 2017 Bitcoin is still moving (BTC). While the cryptocurrency had been trading for some months around 3200 to 3500 euros for 1 BTC, its course experienced a spectacular surge on Tuesday with a peak to 4388 euros, a level that had not been reached since November 2018. For Fawad Razaqzada, […]
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No substitute for the euro, Segal, new local currency circulated late November in the Lorient region. The first ticket was presented Friday. A central library is the first to adopt it. The local currency, presented yesterday by the Blé Noir à la librairie, When books are opened in Lorient, does not claim to outdo the euro, but wants to work […]
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MARKETS: The euro hit a high for six months … The euro was up sharply on Sunday night on the Asian markets, after qualifying Sunday Emmanuel Macron and Le Pen in the second round of the presidential election. According to Reuters , the European currency was up 2% against the dollar: euro and dollar was worth […]
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MONEY: The Front National leader wants a “national currency” for the French, possibly accompanied by a “common currency” for states and large companies … If Marine Le Pen was elected in May, the French are they left with not one, but two currencies? This Wednesday, on the plateau of Europe 1, the Front National candidate […]
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The European Central Bank (ECB) to decide on Wednesday the fate of the 500 euro note … The probable disappearance of this big banknote, raises the ire of some countries, including Germany. Purple colour and slightly larger than its little brother, the 500 euro will be on the menu at a meeting in the afternoon […]
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