Money Reimagined cover image

Democratizing Finance: BlackRock's Role in the Institutionalization of Bitcoin

Money Reimagined

00:00

The Future of Retail CBDC

I don't think the US will ever get a retail, CBDC. They're talking about putting really low caps on how much you can hold in your account and it will be a cloud-based. It just sounds like more of a hassle. Especially since retail payments in Europe is so easy anyway,. I just need to know someone's mobile phone number to send them a payment. So I think for political reasons, it will go through. I think it is going to drive some innovation. But I don't think people are going to be using it very much. We're seeing examples of retail CBDCs in countries that don't have our legacy financial system with its conveniences. Also

Play episode from 34:50
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app