David Chaum's work with Ecash inspired the concept of digital cash, influencing Bitcoin, which in turn gave rise to eCash XEC. Thus, we can attribute a sequence of development where Chaum is a conceptual precursor, but eCash XEC is technically a product of the Bitcoin lineage. #bitcoin #eCash #xec #globaleconomy
BRICS: China & Russia Settle Oil Trade in New Currency
Trillion-dollar asset management firm VanEck recently confirmed that BRICS members China and Russia have settled oil payments using the leading cryptocurrency Bitcoin. This is a major step in advancing the de-dollarization agenda where the US dollar had a command in the oil and gas industry. “China and Russia have reportedly begun settling some energy transactions in Bitcoin and other digital assets,” wrote VanEck.
The goal of eCash is to become money for th e world and give people an alternative to the legacy financial system and state backed cu rrencies. This is only achieved eCash bird (eBird) $ebird #eCash #XEC #bitcoin #globaladoption