The BoE shows stablecoins who's the boss, while researchers show they just aren't stable. Asia leads the CBDC race and geopolitics and AI become synonymous.
Launching a new format for the newsletter, tell me what you think!
Artwork of the day: "Astro Boy", Tezuka Productions, 1963-01, From the collection of: Tezuka Osamu
Japanese manga and animation are popular worldwide and are helping more and more people to connect. TEZUKA Osamu, sometimes called the “God of Manga,” laid the foundation for this exchange.
Tezuka believed that one day manga would become an “international language.” He was right!
Today’s newsletter has been reformatted for brevity. I hope you like it.
I felt this newsletter was getting too long to read. To shorten it, I now publish the articles here on substack first then assemble them as links into this weekly newsletter.
I also removed all unnecessary images and text.
My goal is to make it easier for you to find the specific articles that interest you.
Tell me what you think!
If you have any other suggestions, click “Leave a comment” or reply to this email.
The two top stories of the week are both about stablecoins! The Bank of England is crushing them, and new research shows how unstable they really are.
The Bank of England makes it clear they are not a fan of stablecoins!
New research shows just how “unstable” stablecoins really are
Stablecoins aren’t the only game in town when it comes to going “cashless,” and CBDCs still dominate.
And where are the most CBDCs being developed? Why Asia, of course!
Asia takes the lead in CBDC development!
Geopolitics is inseparable from fintech and AI. You can’t use either technology without acknowledging their larger impact on nations.
Geopolitics of AI
Think big when it comes to AI. Most of the use cases for AI in fintech and banking are not particularly earth shattering. They constrain our view of AI. A new civilization now that’s thinking very big!
AI and a new civilization?
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This structure is a real improvement. It is the best I have ever seen, really!
I wish (I'm not in the wishing business actually, but this is the usual way to express it) more content provider would make the effort to constantly improve their output also structurally so that the time of the reader is respected. The intention of most producers is simply to involve the reader more and take more time off the reader, regardless of the utility for the reader. They are rather manipulating than giving the reader a true choice.
Richard, here You are showing, that You are a true democrat who wants to "empower" people by helping them to be informed about highly complex, fast evolving matters. One gets real choices and saves real time, one's own time!
Thank You for that :-)