In the best-case scenario, this will happen decades from now because it is not logical at all to think about changing the traditional banking system in our world today, which is still governed by banks and major financial institutions.
CBDC coins are a new form of digital copy of fiat money, and their issuance is like the issuance of script money that is supposed to have a cash reserve from which to derive its value. It is expected that the matter will become dangerous if banks succeed in issuing their own CBDC currencies, because this will create unhelpful diversification in the market.
Topic: CBDCs are created for unemployment purpose - page 6. (Read 613 times)
We can see how traditional banking has helped in creating employment. Many people are employed in the banks. The banks and their employees are paying taxes.
I read this today: CBDCs will gradually displace private banks, says Russian lawmaker
It is about a Russian lawmaker that believes CBDCs will gradually displace fiat and traditional banking.
Can this be what would later happen?
I read this today: CBDCs will gradually displace private banks, says Russian lawmaker
It is about a Russian lawmaker that believes CBDCs will gradually displace fiat and traditional banking.
Can this be what would later happen?
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