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In October 2020, HSBC launched theContour platform, which uses blockchain to digitize trade finance and reduce friction in international trade transactions. For example, the Bank of England launched a CBDC Taskforce in 2021 to explore a digital pound, also known as Britcoin. Zuhair Imaduddin is a Senior Product Manager at Wells Fargo.
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If I thought the companies would earn more in profits in 2021 than in, say, 2002, I would have bought shares hoping to benefit from the growth in future profits. He likes to buy shares of companies or buy entire companies that have good products, happy customers, and high profit margins with solid competitive advantages.
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