
Nigeria's Disastrous Rollout of Central Bank Digital Currency
Cato Podcast
00:00
CBDCs - What Are They Trying to Do?
John Sutter: What are the things that proponents of CBDCs say, these digital currencies, programmable digital currencies, what are they aiming to solve? He says it really boil down to improving financial inclusion, improving faster payments, making monetary policy more efficient. The problem though is not the benefits being listed here, It's that a CBDC will not do anything for these," he says.
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