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BTC097: Central Bank Digital Currencies Vs Bitcoin w/ Sam Callahan (Bitcoin Podcast)
We Study Billionaires - The Investor’s Podcast Network
Is There Any Uncertainty About Commercial Banks?
There's an increased risk of bank runs because you have this new risk free asset backed by the central bank that doesn't have the counterparty risk commercial banks. This has actually happened throughout history back in the 1930s. There was a complete bank run in France because there's these two kind of deposits with different safety kind of assurances. It could lead to banking disintermediation. And it's very uncertain what would even happen if they went along with it. So that's only one thing, but I'll let you kind of go ahead and guess at other things too.
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