> The good thing about digital currencies is that'll actually take power away from commercial banks. Right now you need to go through someone like Barclays, HSBC, etc, to get your money. CBDC actually lets you keep your balance directly with the government ledger and avoid relying on banks for everything. This is a good thing.
"This is a good thing" is a very strange conclusion. Yes, let's shrink the private economy and make people deal directly with the government for the most basic unit of commerce, money. I can't possibly see how this could go wrong.
"This is a good thing" is a very strange conclusion. Yes, let's shrink the private economy and make people deal directly with the government for the most basic unit of commerce, money. I can't possibly see how this could go wrong.