Watch Out!! New CBDC System Could End The US Dollar!

Published: 2024-02-13
Status: Analyzed

Predictions from this Video

Total: 4
Correct: 0
Incorrect: 0
Pending: 4
Prediction
Topic
Status
Increased adoption of the mBridge MVP by central banks globally could weaken the US dollar.
"if we see central banks around the world announce that they will start using the embridge MVP then this could indeed weaken the US dollar"
USD
Pending
The mBridge Minimum Viable Product (MVP) will launch in the first half of 2024.
"The last update about embridge from the bis was in October last year around that time representatives of the central banks of Hong Kong and China revealed that the MVP will launch in the first half of 2024."
mBridge MVP Launch
Pending
mBridge's Ethereum-based technology could enable a group of countries to create a shared bond market that rivals the US bond market.
"it could become possible for a group of countries to create a shared bond market that could rival the US bond market"
Global Bond Market
Pending
The launch of the mBridge MVP will likely cause geopolitical escalation, leading to increased conflicts and trade restrictions, and significant market volatility.
"when the embridge MVP launches the US and its allies probably won't be too happy about it the result could be additional geopolitical escalation that results in anything from more conflicts to more trade restrictions and that would make for a lot more volatility in the markets"
Geopolitical Escalation & Market Volatility
Pending