Re: Lebanon to launch digital currency in face of economic and financial turmoil

Quote from: mamamu111 on Today at 11:32:51 AM

Lebanon’s central bank plans to launch a new digital currency in 2021 as part of a broader effort to combat a parallel economic and financial crisis that has engulfed the country. READ THE COMPLETE DETAILS HERE: https://worldpublicityblog.com/index.php/2020/11/14/lebanon-to-launch-digital-currency-in-face-of-economic-and-financial-turmoil/

I don't understand how CBDC can be a solution for economic problems in a country because they are going to create the digital form of their existing fiat money or new token which has the same value of the fiat then this is just going to change the mode of transactions but all the things will remain same since its a centralized token.