Fuck Token to launch its FuckHub

Crypto karma token Fuck Token is releasing its platform FuckHub on July 12 to help everyone around the world to give a FUCK
18 June 2018   1476

A token on the Ethereum blockchain - FUCK token is a social cryptocurrency is launching its platform FuckHub on July 12. The cryptocurrency platform will enable users to send and receive money almost instantly with extremely low fees. The platform also will allow to connect Reddit, Twitter, Telegram, Slack and Discord usernames to one wallet and give a FUCK between platforms seamlessly.

FuckHub is going to feature mobile and iPad frontends, 2FA login option, auto gas refill, dashboard, ranks, withdrawals, admin panel, bot interactions and security audit. Development and testing stages include gas optimisation, new website and bot features.

US Federal Reserve to Consider Digital USD Issue

If a some country or company issues digital money that is widely recognized, this could lead to the loss its status by the USD, fed official believes
17 October 2019   66

The US Federal Reserve is actively considering the possibility of issuing digital currency, fearing the dollar will lose its leading position in the global financial system. This was stated by President of the Federal Reserve Bank of Dallas Rob Kaplan, reports CoinDesk.

In his opinion, if a foreign government or company issues digital money that is widely recognized, this could lead to the loss of the status of the world's reserve currency by the dollar.

On the eve of the previous chairman of the Commodity Futures Trading Commission (CFTC), Christopher Giancarlo also expressed concern that the re-issuance by other countries of national currencies in digital form could lead to the dollar losing its dominant role in the world. He called for the release of a digital dollar on the blockchain.

Bank of England Governor Mark Carney said earlier that a digital currency like Facebook’s Libra can replace the dollar as a global reserve currency.

The emergence of an attractive and viable alternative to the dollar will reduce demand for US government securities, Kaplan said. This will lead to an increase in interest rates by 100 basis points (1%), which will increase the cost of servicing public debt by $ 200 billion per year.

I still think for the foreseeable future, the dollar will be the world reserve currency, we’re able to refinance our debt at relatively low rates, but I don’t think we should take that for granted.

Rob Kaplan

President, Federal Reserve Bank of Dallas

Kaplan noted that countries subjected to sanctions or increased trade tariffs by the United States are working most actively on the digital alternative to the dollar.