The Good, The Bad, and The Ugly of Central Bank Digital Currencies or CBDCsby@ras
954 reads

The Good, The Bad, and The Ugly of Central Bank Digital Currencies or CBDCs

September 19th 2020
3 min
by @ras 954 reads
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The Good, The Bad, and The Ugly of Central Bank Digital Currencies or CBDCs. CBDC plays an essential role in the so-called war on cash. Central banks are developing the government-issued cryptocurrencies, and they will make you want it. The CDBC race is well underway, with over 80% of the world’s central banks investigating their potential. The only way you will spend the CBDC is via the digital app on your phone. The governments will monitor, track, and record every single transaction you make. CBDC can make negative interest rates enforcible to everyone.
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