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Distinguishing between #qfs and CBDC
••🔥#cbdc is a central bank's centralized cryptocurrency. Instead of fiat money, it is now exchanged for cryptocurrency. It remained off the gold standard and was controlled by central banks. CBDC does not comply with Basel 3 (3 main pillars are capitalization of at least 7% of national gold reserves, supervision of capital conversion process and market discipline).
••🔥QFS is the gold standard electronic currency, control is returned to the people (individual banks) and decentralized management. Decentralized management means that individuals have full rights to use their personal accounts from investing, buying and selling, accumulating, lending, etc. and benefit fully from it.
💫The central bank will only support and advise people in their use, but will not have the right to control and profit from people's money. Everyone's accounts are protected and managed in QFS, preventing theft, hacking and strictly prohibiting trading, bribery/corruption and absolutely not infringing on people's monetary interests.
💫QFS complies with ISO20022, Basel 3 and many other #stellar standards.
Let's clearly distinguish this to correctly call the new currency nature of countries around the world. Owner's benefits when having QFS,👍#pinetwork #pinews #wolibughatti 🌍⛏️🚀💵💡👌🧩🦉