Scenarios

ECB official: digital euro is ‘necessary’ in several scenarios in Eurozone

ECB official: digital euro is ‘necessary’ in several scenarios in Eurozone

Member of the Executive Board of the European Central Bank Fabio Panetta said in a speech at the ECB conference on Thursday that a digital euro, or the Eurozone’s potential CBDC, could become necessary with evolving consumer preferences, especially if people became reluctant to use cash. In his speech that primarily addressed pan-European payments and …

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Bitcoin in the Aftermath of COVID-19: Two Possible Scenarios

Bitcoin in the Aftermath of COVID-19: Two Possible Scenarios

Futurist and author, Daniel Jeffries, shared with Cointelegraph his view on the future scenarios awaiting Bitcoin in the aftermath of COVID-19.  Two possible outcomes  In one particularly dark scenario,  the global economy will plunge into a severe recession and countries will turn to authoritarianism in order to survive.  In such a scenario, world governments will …

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