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blocksat /
npub1qqq…855a
2023-02-27 06:18:24

blocksat on Nostr: ----BEGIN SAT API MSG---- Central banks in the developed world should follow the ...

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Central banks in the developed world should follow the Bahamian example and display similarly honest depictions of central bankers on their walls. The European Central Bank (ECB) owns hundreds of so-called ‘works of art’, and I can guarantee that none will be this relevant.

This is just one of the curiosities one can discover at the Central Bank of The Bahamas (CBB). While the institution doesn’t occupy headlines the way the Fed and the ECB can, it’s actually much further ahead of the curve than both in one key respect.

Market commentators like to decry the ominous coming of Central Bank Digital Currencies every few years. But most forget that a CBDC already exists out in the wild: the Bahamian Sand Dollar.

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Author Public Key
npub1qqqqqqp95lxt767sczj6rptd0rewnuyvw79h08f4aqd4aglh0m0s0h855a