There is a lot of fear relating to CBDCs. The big question is whether it is all a waste of time or not.
In this video I discuss the different options pertaining to them and how they could be structured. There are a lot of drawbacks, not only for the populations but the banks. How is this to be resolved?
We go through some of the scnearios in this.
▶️ 3Speak
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You're getting very close to hitting the nail on the head here.
It's very important to understand that the definition of a CBDC doesn't have anything to do with the code being implemented, but rather who is in charge. If we take the code of a CBDC and clone it, suddenly it becomes not a CBDC. This is a critical factor that most people are not fully grasping. If a CBDC is defined by centralized control... suddenly we can begin to define every single DEFI project on EVM in a similar manner.
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friend excuse my ignorance but the CBDC is the acronym of which institution to better understand its publication.
CBDC is not an institution, Central Bank Digital Currency (CBDC) - virtual money created by a central bank
Thanks friend