Central Bank Digital Currencies: Demystifying the Next Evolution of Money by@lambisdion
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Central Bank Digital Currencies: Demystifying the Next Evolution of Money

by Lambis Dionysopoulos5mJuly 9th, 2021
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Central Bank Digital Currencies or CBDCs are promoted as a medium for remedying fundamental issues with modern economies and societies. Central banks have largely remained monolithic and true to their mandate of facilitating for financial stability and economic growth, a role they served with varying degrees of success. The 2008 financial crisis showcased the inefficiencies of commercial banks and their reliance on central banks for their rescue. The COVID-19 pandemic has accelerated the digitalisation of work, communication, and even money, all signs point towards the declining use of physical money.

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Lambis Dionysopoulos

Lambis Dionysopoulos

@lambisdion

PhD student at Henley Business School. Research at the Institute for the Future, University of Nicosia & EUBOF

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Lambis Dionysopoulos@lambisdion
PhD student at Henley Business School. Research at the Institute for the Future, University of Nicosia & EUBOF

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