Precious Invest Ltd
  • About Us
    • Overview
    • Corporate Governance
    • Recent News
  • Services
    • Investments >
      • List of Projects
      • Investments
    • Financial Services >
      • Monetization of Assets
      • Placements
    • SBLC - What to do?
  • News
    • Corporate News
    • Corp. Partnerships
    • Market News
  • Contact

What if CBDCs Became The Only Form of Currency?PUBLISHED BY PHILIPPE HERLIN | MAY 25, 2023

6/2/2023

0 Comments

 
Central bank digital currencies (CBDCs) are the talk of the town, with most of the heads of issuing institutions talking about more or less concrete projects. Their aim is to not be outdone by cryptocurrencies or easy money transfer applications (such as Lydia in France), but to enable instant transfers from a smartphone. That's the initial idea. Other, less avowed ambitions are to render cash useless, and thus be able to track all local transactions in order to combat undeclared work (and terrorism, an irrefutable argument). Its promoters are even credited with the technically feasible aim of making money programmable ("You've used up your carbon quota, so you can't buy plane tickets")...

You want to read the whole article,
https://goldbroker.com/news/what-if-cbdcs-became-the-only-form-of-currency-3100
0 Comments



Leave a Reply.

    Author

    Write something about yourself. No need to be fancy, just an overview.

    Archives

    June 2023
    April 2017
    November 2016
    October 2016
    August 2016
    February 2016

    Categories

    All
    Economy
    Gold

    RSS Feed

Risk Warning!!
Our Privacy Policy
Copyright © 2015