Part 6/16:
A question from the audience addressed how governments might deploy CBDCs further—perhaps through food stamps, housing credits, or other social programs designed to encourage widespread adoption. The response was that governments could incentivize CBDC use via discounts or subsidies, potentially partnering with celebrities or media campaigns to promote participation.
The challenge lies in ensuring a two-tiered system—where traditional banking and financial institutions continue normal operations backed by CBDCs, but the digital currency itself remains tightly controlled and subject to government mandates. The risk remains that at some point, these systems could become consolidated, phased out, or manipulated to suppress dissent or confiscate assets.