Cryptocurrency Q&A
What is the point of CBDCs?
What is the point of CBDCs?
CryptoLordess
Mon Sep 09 2024
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5
answers
945
So, I'm curious, could you please explain to me the main purpose or rationale behind Central Bank Digital Currencies, or CBDCs? I've heard a lot about them lately and I'm wondering what exactly makes them significant and what benefits they could potentially bring to the financial system. Could you elaborate on their purpose and any potential advantages or drawbacks?
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