elltiffehrad20@hotmail.com
hotmail.com · Joined 2025-12-18 · Last active 2026-01-16
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Recent Conversations (30 messages)
What are CBDCs?
Jan 16, 09:24 AM
Central Bank Digital Currencies (CBDCs) are digital forms of a country’s sovereign fiat money issued and regulated by the nation’s central bank. Unlike cryptocurrencies such as Bitcoin, which are decentralized and operate on public blockchains, CBDCs are: 1. **Government‑backed** – They represent a direct claim on the central bank, just like physical cash or reserves held by commercial banks. 2. **Digitally native** – They exist only in electronic form and can be transferred instantly via dig
What is a crypto rug pull?
Jan 16, 09:24 AM
A **crypto rug pull** is a type of scam in which the developers or creators of a cryptocurrency project suddenly abandon it and withdraw all the funds that investors have contributed. Typical characteristics of a rug pull include: - **Sudden disappearance** of the team or project website, often with no further communication. - **Liquidity removal**: the creators drain the liquidity pool on a decentralized exchange, making it impossible for users to sell their tokens. - **Unrealistic prom