The Banking System Needs Deposits to Work

The idea of cbd c is we remove physical cash from society. It sounds like a communist, you know, manifesto. But there's no way, especially in the deep markets of europe and the united states, is no way it would work. The only society right now with any mass in capital that might work on its legs is china because they don't care about their people anyway. That's the only one which maybe they can make it work anyway.