I am utterly unafraid of CBDCs.
The hysteria is mostly formed from superficial doom-circle-jerk analysis. Successful CBDCs will be a private federated ecash (or something very similar), the wisest bu...
CBDC... Central Bank .... private? You might be hoping for bank coins, but CBDCs are not that.
What private banks want is not important to c. banks - once the infra and "dire need" for a cbdc is in place, every bank will become a branch of the central bank. Mandating taxes be paid with cbdc will force everyone to open a cbdc account.
There's no free market in the banking industry.
What private banks want is not important to c. banks - once the infra and "dire need" for a cbdc is in place, every bank will become a branch of the central bank. Mandating taxes be paid with cbdc will force everyone to open a cbdc account.
There's no free market in the banking industry.
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