Discover and read the best of Twitter Threads about #baritainsights

Most recents (1)

1/ Central Bank Digital Currencies (CBDCs).
What are they?

Why is GOJ & BOJ pursuing them?

Today we are going to dive into CBDC, how it might impact Jamaica & your portfolio.

#FinanceTwitterJA #BILNewsletter #BaritaMoneyIQ #BaritaInsights

// 🧵
2/ A digital currency is simply digital money. The most popular are cryptocurrencies (Bitcoin, Ethereum, etc.).

The main benefit of cryptocurrencies is the fact that they are decentralized (i.e. not controlled by any one institution).
3/ Secondary benefits are the fact that money can be sent around the world at a fraction of the cost of traditional wire transfers and much faster.

As a result of those benefits, investors and consumers have flocked to cryptocurrencies in droves over the last decade.
Read 12 tweets

Related hashtags

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!