Talk of CBDCs is not new, but as progress is being made - with different countries at various stages of development - it's becoming more of a mainstream talking point. The Cloudbet Blog takes an introductory look at the concept of CBDCs, how they might function and what that might mean for our financial future.
The recent explosion in Bitcoin price reflects a new wave of buying from institutional investors, demarcating a new era in adoption. We don't know, and can't say, when it will end, but one thing is clear - the trends are pointing in the right direction to further legitimise Bitcoin, and cryptocurrencies in general, as an investable asset class.
After the hard fork on the Bitcoin Cash (BCH) blockchain, Cloudbet will support BCH on the BCHN blockchain, under the BCH ticker. Cloudbet may or may not choose to support BCHA in the future, under a new, different symbol.
If you want to profit from betting in the long term, the challenge is traditionally framed as overcoming the bookmaker's margin, but what about inflation eroding your profit?
Bitcoin is the child of the 2007-08 financial crisis, but the United States-China trade war could bring it to adolescence and underline its potential to empower individual liberties.