
IMF Debates CBDCs with the Bitcoin Policy Institute
Bitcoin Magazine Podcast
00:00
Central Bank Digital Currency
Over 100 of the world's central banks are now engaged in research or experimentation toward developing CBBC. China has already placed digital, they're easy and wide. They're digital you want in over 250 million digital wallets. The shortcoming of bank money is that it's slow because people need to do all that verification. It's expensive because they need to be paid to do that verification. And perhaps that's the worst show coming of all.
Transcript
Play full episode