
sr20220818_MoneyHQ
Divine Intelligence, etc
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Australia's Reserve Bank Launches Digital Currency System From Zero Edge
Australia's central bank working with b i s to launch digital currency system from zero edge. The usage of digital payment systems does not necessarily denote a societa shift away from the idea of cash. It only shows a preference for convenience. There is little chance that central banks will be able to force the issue of cbd c unless there is an economic down turn or crash which inspires a public outcry against existing currencies. Banking leaps will need a crisis that damages the very buying power of multiple currency systems in order to get people to accept an aggressive shift to a cashla society before 20 30.
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