The DANGERS of Central Bank Digital Currency (#CBDC)

#CentralBankDigitalCurrency #CBDC #FedNow
Rice Crypto Show: The DANGERS of Central Bank Digital Currency (#CBDC).
On this episode, I will be talking about Central Bank Digital Currencies or CBDCs. I will explain what a CBDC is, how it is different from a decentralized cryptocurrency like Bitcoin, the potential dangers they bring, and the control it will give central banks & governments.Show more

Links:
https://www.investopedia.com/terms/c/central-bank-digital-currency-cbdc.asp
https://hackernoon.com/cbdcs-are-a-very-bad-idea
https://www.reuters.com/technology/around-300-mln-digital-yuan-used-every-day-olympics-pboc-official-says-2022-02-15/
https://www.cnbc.com/2021/06/02/china-digital-currency-beijing-to-hand-out-6point2-million-in-trial.html
https://www.theblock.co/post/110377/china-digital-yuan-test-programmable-chengdu
https://www.frbservices.org/financial-services/fednow/about.html
https://www.bostonfed.org/publications/one-time-pubs/project-hamilton-phase-1-executive-summary.aspx
https://digitaldollarproject.org/
https://www.atlanticcouncil.org/cbdctracker

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