Too Long; Didn't Read
Central Bank Digital Currencies (CBDC) are not cryptocurrencies such as Bitcoin or Ethereum. CBDC is created by Central Banks; however, what is the difference between an account in a central bank and an ordinary bank account? CBDC will be the digital equivalent of the money that we have at present. CBDC are not money in the proper definition of this word either. What is the purpose of it? In order to answer this question, we have to consider the following things and look for which answers emerge: Who is in charge of our funds? Can our funds be used in any way we can?