CBDCs
·15 mins
View the original post: https://drewredifer.com/blog/articles/cbdc.html Originally published on 2022-06-16 at drewredifer.com.
There is a major shift happening right now regarding monetary systems. Central banks around the globe are in different stages of researching and developing central bank digital currencies (CBDCs). In fact, as a recent Bank for International Settlements report indicates, 90% of central banks around the world are currenctly studying the feasibility of issuing their own CBDC. This is not just something being put into place in one or two totalitarian countries, but in nearly every country in the world.