Post
Topic
Board Economics
Topic OP
Are CBDCs a good for the economy?
by
Milan1009
on 11/08/2022, 04:11:50 UTC
The stable digital currencies, also known as CBDCs have been gaining popularity in the last two years, especially after 2021 bull market.

Recently I was looking at some news about CBDCs implementation in Australia, and I was wondering if this is something that could cause trouble or confusion within a local economy as it moves forward. Countries like Canada have developed contingency plans for this system, although I'm not sure how small countries could be affected by this. What are your thoughts?

Link to the news as reference:

https://twitter.com/thetokenist/status/1556986345972809728?s=20&t=bpZZ56l23Rh3v40wykXckQ